bargain

An agreement between parties concerning the sale of property; or a contract by which one party binds themself to transfer the right to some property for a consideration, and the other party binds themself to receive the property and pay the consideration.

How to use

In formal and informal contexts, a bargain refers to a mutually beneficial agreement between parties, often involving the exchange of goods or services for a price. For instance, 'The company negotiated a bargain with the supplier to purchase the raw materials at a lower cost.' Note that the verb 'bargain' can be used in the past tense to describe a past agreement, but it's essential to use the correct form of the verb, as 'I bargained with the store owner' is incorrect and should be replaced with 'I bargained with the store owner for a lower price.'