BARGAINEE Meaning and
Definition
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Bargainee is a term that refers to an individual or entity who receives or accepts a bargain or an agreement. In a contractual context, the bargainee is the party to whom the terms and conditions of a contract are offered by the other party, known as the bargainer. The individual or organization that benefits from the terms of the agreement and receives something valuable in exchange for their consent is the bargainee.
The term "bargainee" is commonly used in the legal and business domains, particularly in contract law. The bargainee is the party that agrees to the terms, whether they involve the sale or purchase of goods, provision of services, or any other exchange of promises. They have the authority to accept or reject the proposed terms, negotiate changes, or suggest their own terms to the bargainer.
The presence of a bargainee is crucial for a valid and enforceable contract, as it ensures that both parties have willingly agreed to the terms and have provided their consent. The rights and obligations of the bargainee are typically specified in the contract or agreement, outlining the scope of their involvement, responsibilities, and benefits.
Overall, the term bargainee signifies the recipient of a bargain or agreement, particularly in the realm of contractual relationships, and highlights the importance of mutual consent and agreement between the parties involved.
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He who accepts a bargain.
Etymological and pronouncing dictionary of the English language. By Stormonth, James, Phelp, P. H. Published 1874.
Common Misspellings for BARGAINEE
- vargainee
- nargainee
- hargainee
- gargainee
- bzrgainee
- bsrgainee
- bwrgainee
- bqrgainee
- baegainee
- badgainee
- bafgainee
- batgainee
- ba5gainee
- ba4gainee
- barfainee
- barvainee
- barbainee
- barhainee
- baryainee
Etymology of BARGAINEE
The word bargainee is derived from the noun bargain. The term bargain originated from the Old French word bargaigne, and before that, from the Late Latin word barcinium or barca, meaning a boat used for trading. This term then evolved in Old English to beorgan, which meant to save, preserve, or gain by exchange. Over time, beorgan transformed into bargain in Middle English, referring to an agreement between parties regarding the buying or selling of goods or services. The suffix -ee is added to turn the noun bargain into a term identifying the recipient or party with whom the agreement is made, hence bargainee.
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