Definition of pre-agreed in English:

pre-agreed

Line breaks: pre-agreed

adjective

  • Discussed and agreed in advance: you have the right to sell your stock at a pre-agreed price
    More example sentences
    • Profits are shared on a pre-agreed ratio, while losses are borne by the investor alone.
    • Personal accident policies pay the pre-agreed levels of benefit to persons injured if an accident occurs within the terms of the policy.
    • Instead they are paid a pre-agreed lump sum at a pre-agreed date usually about eight years after making their initial investment.

Get more from Oxford Dictionaries

Subscribe to remove adverts and access premium resources

Word of the day skosh
Pronunciation: skəʊʃ
noun
a small amount; a little