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/Sounds like the English word "regat" + "eh" (as in "egg") + "AHR" (as in "art")/

Meaning

To haggle or bargain over the price of something until the seller comes down. In Latin American markets, regateando is almost a social ritual and a practical skill: anyone who doesn't do it is leaving money on the table and missing half the experience. Refusing to bargain marks you immediately as a tourist.

Examples

You're not going to haggle? They're trying to charge you double what it's worth!

I bargained for half an hour and got fifty pesos knocked off the price.

Regional synonyms

In Peru, a sly opportunist who always knows how to benefit from situations without putting in any real effort, often at the expense of others. The vivillo shows up when there is something to gain and vanishes the moment responsibility walks in.