collective agreement
nounUK /kəˈlɛktɪv əˈɡriːmənt/
US /kəˈlɛktɪv əˈɡriːmənt/
A deal that a group of workers makes with their bosses about how things will work.
The teachers signed a collective agreement with the school about their pay and hours.
RELATED WORDS
OTHER MEANINGS
2. Any agreement made by a group of people acting together rather than as individuals.
The neighbors reached a collective agreement to share the cost of a new fence.
3. A formal written contract between a union and an employer covering wages and working conditions.
The new collective agreement raised the minimum wage for all factory staff.
4. A shared understanding among members of a team about how they will cooperate.
The players made a collective agreement to practice every morning.