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SourceLaw Dictionary Browse Letter B

Bargain

Legal definition for Indian law research

Definition

bargain


often attrib
[Old French bargaigne negotiation, haggling, from bargaignier to haggle]
1 : an agreement between parties that settles what each gives or receives (as a promise or performance) in a transaction between them compare contract
2 a : something acquired by or as if by bargaining
b : something whose value considerably exceeds its cost [a purchase]
vi 1 a : to negotiate over the terms of an agreement (as a contract)
b : to engage in collective bargaining [the employer must with the union]
2 : to agree to certain terms or conditions
: come to terms [plaintiff ed with the store for a lower price]
vt
: to convey according to a bargain [does hereby grant, , sell, alien and confirm to the party of the second part, the following described property] often used with sell in deeds to indicate that the conveyor is receiving consideration in exchange for the property




Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.

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