Definition
- Trade union
- A trade union is an organisation of workers that negotiates with employers over wages and working conditions.
- Not to be confused with: Collective bargaining
- Collective bargaining is the negotiation between a union and one or more firms over pay and conditions.
Test yourself
What is the difference between trade union and collective bargaining?
Collective bargaining: Collective bargaining is the negotiation between a union and one or more firms over pay and conditions.