IPA: /ˈbrɪŋk.smən.ʃɪp/
KK: /ˈbrɪŋkˌsmənˌʃɪp/
The practice of pushing a dangerous situation to the edge of disaster in order to achieve the most advantageous outcome.
The negotiations were marked by brinksmanship, as both sides threatened to walk away from the table.
Brinksmanship → The word is formed from "brink" (from Old English *brynca*, meaning edge or border) and "-smanship" (from Old English *smið*, meaning craft or skill). The term refers to the skill or art of approaching the edge of a dangerous situation, particularly in politics or negotiations.
Think of standing at the 'edge' ('brink') of a dangerous situation and using your 'skill' ('-smanship') to navigate it carefully.