bargaining power

noun

Definition of bargaining power

: the relative capacity of each of the parties to a negotiation or dispute to compel or secure agreement on its own terms widespread unemployment is adding to employers' bargaining power in their talks with the unions

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“Bargaining power.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/bargaining%20power. Accessed 14 Jul. 2020.

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