discussion in order to reach an agreement about a sale, contract etc [= negotiation]
The government would not intervene in private-sector wage bargaining.
The 4% pay raise was the result of some hard bargaining.
the amount of influence someone has and their ability to achieve what they want when starting a discussion or making an agreement
Most new artists and bands aren't in a strong bargaining position.
This will increase the bargaining power of management in wage negotiations.