Bargainable

Relating to something that can be negotiated, or whose price or terms are open to discussion and potential adjustment. It suggests an openness to compromise and an understanding that the initial offer may not be the final agreement. The term implies a willingness on the part of at least one party to engage in a give-and-take process to reach a mutually acceptable outcome. bargainable situations often involve transactions where individual factors or circumstances influence the value of a good or service. The potential for bargaining often arises where there's a degree of flexibility in pricing or contractual terms. A degree of uncertainty may also allow for bargaining.

Bargainable meaning with examples

• The used car market is often highly bargainable; shrewd buyers frequently negotiate a lower price than the initial asking price. Car dealers are usually prepared for negotiation, as this is standard practice in the industry. Savvy consumers research the market value before starting a negotiation, as knowledge is power when trying to get a bargain. Always approach the negotiation as an exercise in both give and take.
• The artist's original artwork was, in many cases, bargainable, especially if the buyer was acquiring multiple pieces or willing to pay in installments. Direct sales from the artist almost always involves negotiation, unlike transactions through established art galleries. Sometimes, the size of the artwork is another reason for bargaining. The artist is looking to close a deal, and you are looking to get a piece of original art.
• In some cultures, the price of goods at a street market or open-air bazaar is typically bargainable. Vendors expect customers to haggle over prices, and the 'correct' price is often determined through negotiation. Tourists are especially likely to try and haggle, but need to understand that this is the norm. Don't hesitate to make an offer that's lower than what is being asked. If you're too shy to haggle, the vendors will pick up on this and keep their prices higher.
• The terms of a complex consulting contract were considered bargainable, allowing for adjustments to the scope of work, payment schedule, and deliverables based on mutual agreement. Lawyers will often be involved with negotiation. Many complex consulting services will be involved with the terms, especially the definition of the deliverables. A skilled negotiator understands the power of collaboration.