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@drbhavdeep What is the Difference between Negotiation & Bargaining? ‘Negotiation’ and ‘Bargaining’ are two different words with different meanings. The dictionary meanings of these two words are quite the same but certainly not each others’ synonyms. Let us see the comparison between these words. Bargaining is only about related to price. Negotiation is not used in connection with the price alone. This term can also be applied in legal situations where two parties want to come to an agreement. Usually, bargaining is often done in an informal situation whereas negotiation can be used as a description for situations other than just price and basically for legal scenarios. Moreover, bargaining which mostly includes verbal communication; negotiation involves a lot of written records as well. Bargaining is only about winning. As per their definitions and usage, bargaining can be termed as a conversation that aims to reach at a result where either of the two reaps benefits. Negotiation, on the other hand, aims to reach at a result where both parties are in a win-win situation. Unlike bargaining where being at the winning side is more important, here arriving at the right decision is given priority over their personal gains. Bargaining is more of a selfish conversation but again, negotiation is a sensible conversation. In bargaining both the people concentrate on satisfying their desires sometimes without even trying to be rational. When negotiating, the parties involved are not concerned about winning or satisfaction of any kind. They focus more on coming to a solution that is favourable to both.