closedagreement
nounUK /kləʊzd əˈɡriːmənt/
US /kloʊzd əˈɡriːmənt/
A closed agreement is a deal that is finished and that everyone has said yes to.
After weeks of talking, the two companies finally reached a closed agreement.
RELATED WORDS
OTHER MEANINGS
2. A private arrangement that only certain people are allowed to know about.
The club kept a closed agreement about who could join.
3. A deal that cannot be changed once it is made.
The closed agreement meant no one could add new rules later.
4. An official record of a deal that is kept locked away from the public.
The closed agreement was stored in the town hall's safe.