Definition of bargaining power noun from the Oxford Advanced Learner's Dictionary


bargaining power

BrE BrE//ˈbɑːɡənɪŋ paʊə(r)//
; NAmE NAmE//ˈbɑːrɡənɪŋ paʊər//
[uncountable] Business deals
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the amount of control a person or group has when trying to reach an agreement with another group in a business or political situation The smaller states’ efforts to exercise their collective bargaining power against multinationals have failed. See related entries: Business deals
See the Oxford Advanced American Dictionary entry: bargaining power