Definition of "faustian bargain" in Englisch

Noun

1. An agreement in which a person abandons his or her spiritual values or moral principles in order to obtain knowledge, wealth or other benefits.

   • The university’s abandonment of its founding value of academic freedom in exchange for the corporation’s large financial contribution was a Faustian bargain.

2. A deal in which one focuses on present gain without considering the long-term consequences.