Reservation Price

One concept. Four tiers of command. Which do you speak?

Category: Negotiation

Foundational Lexiconlowest acceptable
Executive Parlancewalk-away price
Scholarly Discoursebottom line
Babel ZenithReservation Price
Origin: Economics

Etymology & Meaning

The least favorable point at which one will accept a negotiated deal.

In the Boardroom

Knowing exactly what number makes you walk away.

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