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.

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The arrangement laid out the terms that had been agreed upon by both parties which included an employee non disclosure agreement.

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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.

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documents against payment (D/P) break-even tax rate