1. A formal contract or understanding between two or more parties to work together toward a common goal or objective
The two companies signed a collaborative agreement to develop new technology.
As duas empresas assinaram um acordo colaborativo para desenvolver uma nova tecnologia.
2. A written arrangement establishing terms, responsibilities, and expectations for joint cooperation or partnership
The collaborative agreement outlined each partner's responsibilities and financial contributions.
O acordo colaborativo delineou as responsabilidades de cada parceiro e as contribuições financeiras.