midterm bargaining

midterm bargaining definition - business

midterm bargaining

Negotiations between a union and employer during the life of a labor contract. Midterm bargaining may involve new issues or a reopener clause, but generally excludes matters covered by the existing agreement.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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