An agreement between parties concerning the sale of property; or a contract by which one party binds himself to transfer the right to some property for a consideration, and the other party binds himself to receive the property and pay the consideration.
"The lawyer explained that signing the document would finalize our bargain regarding the transfer of the commercial building's title in exchange for the agreed payment."
In plain English: A bargain is something you buy for less money than it is usually worth.
"I found a great bargain at the garage sale for only five dollars."
Usage: In everyday usage, bargain refers to an item purchased at a price significantly lower than its usual value, rather than the formal legal contract described in older definitions. Use this term when you have found a great deal on a product or service.
come to terms; arrive at an agreement
"After hours of negotiation, both parties finally came to a bargain on the new contract terms."
To make a bargain; to make a deal or contract for the exchange of property or services; to negotiate
"The two companies spent hours bargaining over the terms of their merger before finally signing the agreement."
In plain English: To bargain means to try to get something for less money by negotiating with someone.
"I decided to bargain with the seller to get a lower price for the antiques."
Usage: Use "bargain" as a verb when you are actively negotiating terms or trying to lower the price of something before an agreement is finalized. It implies a back-and-forth discussion where both parties adjust their expectations to reach a mutual deal.
The word "bargain" comes from the Frankish verb borganjan, which originally meant to borrow or lend money. Over time, this sense of exchanging goods for security shifted in Middle English to mean making a deal or pledge for sale.