A formal agreement to temporarily suspend an activity Management announced that it had reached an agreement with the unions. There is a broad consensus that damage to forests is the result of air pollution. formally an agreement, often an agreement that secretly makes people a formal agreement, especially in economics or politics We finally came to an agreement: I would cook and Ann would clean up. an agreement to do something if someone else does something, an agreement in which one party promises something, but the other does not make a British agreement that information disclosed at a meeting can be used, but not the identity of the participants or the organizations they belong to The twenty-six countries have signed an agreement to reduce air pollution. .