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What does bargain mean?

Looking for the meaning or definition of the word bargain? Here's what it means.

Noun
  1. 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.
  2. An agreement or stipulation; mutual pledge.
  3. An item (usually brand new) purchased for significantly less than the usual, or recommended, price; also (when not qualified), a gainful transaction; an advantageous purchase.
  4. The thing stipulated or purchased.
Verb
  1. (intransitive) To make a bargain; to make a deal or contract for the exchange of property or services; to negotiate
  2. (transitive) To transfer for a consideration; to barter; to trade
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