bargainB'ARGAIN, n. An agreement between parties concerning the sale of property; or a contract by which one party binds himself to transfer the right to some property, for a consideration, and the other party binds himself to receive the property and pay the consideration. To sell bargains, is a vulgar phrase. To strike a bargain, is to ratify an agreement, originally by striking, or shaking hands. The Latin ferire foedus, may represent a like ceremony,unless it refers to the practice of killing a victim, at the solemn ratification of oaths. Bargain and sale, in law, a species of conveyance, by which the bargainer contracts to convey the lands to the bargainee, and becomes by such contract a trustee for and seised to the use of the bargainee. The statute then completes the purchase; that is, the bargain vests the use, and the statute vests the possession. B'ARGAIN, v.i. To make a contract or conclusive agreement, for the 38 transfer of property; often with for before the thing purchased; as, to bargain for a house. A bargained with B for his farm. B'ARGAIN, v.t. To sell; to transfer for a consideration; as, A bargained away his farm; a popular use of the word. |