tradeaccord

noun
UK /ˈtreɪd əˌkɔːd/
US /ˈtreɪd əˌkɔːrd/

A trade accord is a deal between countries about buying and selling things.

The two countries signed a trade accord to sell more fruit to each other.


OTHER MEANINGS

2. A formal promise between business groups to work together fairly.

The shops made a trade accord to share their delivery trucks.

3. An official paper that lists the rules for swapping goods.

The trade accord said toys could cross the border without extra fees.

4. A friendly understanding that helps two sides buy and sell without arguing.

Their trade accord stopped the fight over prices at the market.