Definition
Collective bargaining is the negotiation process between employers and labor unions for employment terms. Founders reach for it when a vague conversation needs a shared, specific meaning. Name it clearly, then let the next decision — a hire, a price, a test, or a pass — follow from that meaning.
In the room
How the word shows up in a real conversation.
You know Collective bargaining is doing work when it changes a weekly choice — price, hire, channel, or kill. The working definition: Negotiation process between employers and labor unions for employment terms.
Common mistake
Using Collective bargaining as a label instead of a fact. If you cannot point to the evidence — a number, a customer, or a written assumption — you are using the word as jargon.
See also
Collective investment scheme
Investment vehicle that pools money from multiple investors.
Read definition →
Collective ownership
Property or business ownership shared among multiple individuals or groups.
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Collateral
Asset pledged as security for a loan to reduce lender's risk.
Read definition →
Collateralized debt obligation (CDO)
Complex financial security backed by a pool of loans or other assets.
Read definition →
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