time agreement
English edit
Noun edit
time agreement (plural time agreements)
- (business, law) An agreement allowing one of the parties in a contract a certain amount of discretion to determine the exact scope or extent of their obligations under it, or for allowing an agreement for an indefinite period.
- (US, politics, government) A pact or promise made by the party leaders in the United States Senate to limit the amount of time permitted for debating a new law or amending a change to an existing law.