arrangement
Definition
A predetermined agreement that can refer to any type of investment agreement between financial institutions, individuals, companies, or other counterparties. An arrangement may also refer to an agreement between a debtor and the holder of the debt, whereby the debtor pays a portion of the remaining balance, and the remainder of the debt is forgiven.
Use arrangement in a sentence
“ You should try and make an arrangement with another party if you want to know there is a good plan in place. ”
“ The arrangement laid out the terms that had been agreed upon by both parties which included an employee non disclosure agreement. ”
“ We had entered into a mutually beneficial arrangement years ago, so when he came to me with some distress and wanted to alter the original terms, I was shocked. ”
