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standstill agreement
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English
edit
Noun
edit
standstill
agreement
(
plural
standstill agreements
)
A
form
of
agreement
which may be
entered
into
in order to
delay
action
which might otherwise take place.
An
agreement
between two
nations
in which a
debt
that is
owed
by one to the other is held in
abeyance
for a
specified
time period
.
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