Bargaining Power

What does Bargaining Power mean in American Law?

The definition of Bargaining Power in the law of the United States, as defined by the lexicographer Arthur Leff in his legal dictionary is:

The power, based on personality, acquired skills and the market structure, to get more of what one wants in exchange for something wanted by the other. See adhesion contract for some of the intricacies attending upon a loose deployment of the concept.

Notion of Bargaining Power

The meaning of Bargaining Power may be as follows: the general capacity of a state to control the behaviour of others, power to cause another actor to do an action (also see structural power)