Meaning of the word "bargaining chip" in English

What does "bargaining chip" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

bargaining chip

US /ˈbɑːrɡənɪŋ tʃɪp/

UK /ˈbɑːrɡənɪŋ tʃɪp/

an item or concession that can be used to gain an advantage in negotiations

Example:

•

The release of the hostages became a crucial bargaining chip in the peace talks.

•

His extensive experience serves as a strong bargaining chip for a higher salary.

Synonym:

leverage advantage asset tool resource

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