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understanding

noun (AGREEMENT)
 
 
/ˌʌn.dəˈstæn.dɪŋ/ US  /-dɚ-/

Definition

C1 [C] an informal agreement between people: It took several hours of discussion before they could come to/reach an understanding.Accepting and agreeingAccepting and agreeing reluctantlyApproving and approval on the understanding (that) If you do something on the understanding that something else can or will happen, you do it because someone else has promised that it can or will: We bought the cupboard on the understanding that we could return it if it wasn't suitable.Being based on or depending on something
(Definition of understanding noun (AGREEMENT) from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)

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