☩ SOTERIAN GLOSSARY ☩

Living Language Lexicon of the Soteria Covenant

Reservation Price

The least favorable point at which a negotiator will accept a deal; the bottom line or walk-away price. Beyond this point, the negotiator prefers no agreement to a deal on the offered terms.

Etymology: Latin 'reservare' (to keep back) + 'pretium' (price) · Category: Negotiation · Source: Raiffa, 'The Art and Science of Negotiation' (1982)
0 terms published 0 awaiting endorsement
Propose a New Term

Submit a term for the community. Two endorsements from other members will publish it.

Per page: