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The Collaborative International Dictionary of English v.0.48:

Chaffer \Chaf"fer\, v. i. [imp. & p. p. Chaffered; p. pr. & vb. n. Chaffering.] [OE. chaffaren, fr. chaffare, chapfare, cheapfare, a bargaining. See Chaffer, n.] [1913 Webster] 1. To treat or dispute about a purchase; to bargain; to haggle or higgle; to negotiate. [1913 Webster] To chaffer for preferments with his gold. --Dryden. [1913 Webster] 2. To talk much and idly; to chatter. --Trench. [1913 Webster]