BARGAIN DOWN Meaning and
Definition
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The term "bargain down" refers to a negotiation tactic where individuals or parties engage in discussions or haggling with the aim of decreasing the price or terms of an agreement in order to secure a more favorable outcome. This practice typically occurs in business transactions, real estate deals, or consumer purchases.
When someone bargains down, they employ persuasive techniques, such as offering alternative proposals, presenting evidence to justify a lower price, emphasizing the benefits of their preferred terms, or appealing to the seller's need for a quick sale. Bargaining down can also involve a back-and-forth exchange of counteroffers until both parties reach a mutually acceptable agreement.
The intention behind bargaining down is often to obtain a reduced price for a product or service. However, it can encompass more than just price negotiation, as individuals might also seek to negotiate other aspects of an agreement, such as delivery times, payment terms, or product specifications.
Successful bargaining down requires effective communication skills, patience, and a clear understanding of one's objectives and limits. It can be a challenging process, as both parties are essentially striving to achieve their desired outcome.
In a broader sense, "to bargain down" can also refer to the ability to obtain a better deal or arrange more advantageous terms through negotiation.
Common Misspellings for BARGAIN DOWN
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Etymology of BARGAIN DOWN
The word "bargain down" is derived from the combination of two separate words: "bargain" and "down".
- "Bargain": This term originates from the Old French word "bargaigner", meaning "to haggle" or "to barter". It further traces its roots back to the Late Latin word "barcaniare", which means "to trade" or "to make a deal". The word eventually entered English during the 14th century.
- "Down": In this context, "down" typically refers to the lowering or reduction of a price or value. It comes from Old English and Old Norse sources, where it denoted a downward direction or movement.
When combined, the phrase "bargain down" refers to the act of negotiating or haggling to obtain a lower price for something.
Idioms with the word BARGAIN DOWN
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bargain down
The idiom "bargain down" means to negotiate or haggle to achieve a lower price or better deal on something, often through persistent negotiation and trying to get a seller to lower their price.
Similar spelling words for BARGAIN DOWN
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