deal

/diːl/ noun [C]

Definition

› an agreement or arrangement made between two people or companies: do/make a deal A spokeswoman for the agency said they would not give any further information until they are close to making a deal.cut/strike a deal After several weeks of talks no deal has been struck.close/seal a deal They anticipate closing the deal in 60 to 90 days, pending environmental and financial reviews.back out of/pull out of a deal He suspected them of trying to back out of the deal. Green only goes into business deals if he can see a way of turning a problem into a profit. The President's team has been very active in pushing trade deals. We did a great deal with our suppliers. The proposed deal between the two companies had fallen through.a £20 million/$14bn, etc. deal Stannard bought the company in a £20 million deal.a deal to do sth This week the company concluded a deal to sell 313 of its stores. → See Note agreement

› a good, or lower than usual, price: a good/excellent, etc. deal I got a good deal on my new phone contract.a deal on sth The hotel also offers deals on the hire of bicycles.

a done deal › an agreement or arrangement that has been made and is now certain to happen: The takeover is far from a done deal. → See also bought deal, cash deal, package deal

(Definition of deal noun from the Cambridge Business English Dictionary © Cambridge University Press)