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Bargaining Chip for Dummies

noun


What does Bargaining Chip really mean?

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Hey there! So, the phrase "bargaining chip" is like a tool or something you can use to negotiate or make a deal. It's kind of like when you're playing a game and you have a really good card that you can use to get something you want from someone else.

So, when you have a bargaining chip, it's like having something valuable that you can use to get what you want. It can be anything from a skill or a piece of information to an actual object.

For example, if you're trying to sell a car to someone, but you really want to get a good price for it, you might use the fact that it's in really good condition as your bargaining chip. It's like saying, "Hey, look at how great this car is, so you should pay me more for it."

In everyday life, you might use your good grades as a bargaining chip to convince your parents to let you go out with your friends. It's like saying, "I've been doing really well in school, so can I please go to the movies with my friends?"

Overall, a bargaining chip is something you use to get what you want, by kind of making a trade or a deal. It's like having a secret weapon in negotiations. It's all about using your assets to make sure you come out of a deal or situation with something you want. Make sense?

Revised and Fact checked by Michael Miller on 2023-11-15 20:36:11

Bargaining Chip In a sentece

Learn how to use Bargaining Chip inside a sentece

  • In a negotiation, money can be used as a bargaining chip to get a better deal on a car or a house.
  • Being the only one who knows how to fix the computer can be a valuable bargaining chip when asking for a raise at work.
  • Having a rare baseball card can be a useful bargaining chip in a trade with a friend for something else you want.
  • Having a good reputation in the community can be a strong bargaining chip when running for a leadership position in the town.
  • Having evidence of someone's wrongdoing can be a powerful bargaining chip to persuade them to do what you want.

Bargaining Chip Hypernyms

Words that are more generic than the original word.