fixed agreement
[/fɪkst əˈɡriːmənt/]
nounpl: fixed agreements
acordo fixo
1. a binding contract or arrangement where the terms, conditions, and duration are predetermined and cannot be easily modified
The company entered into a fixed agreement with the supplier for a period of three years.
A empresa celebrou um acordo fixo com o fornecedor por um período de três anos.
2. in legal or business contexts, an arrangement with established, unchangeable conditions until the contract expires
Under the fixed agreement, prices remain constant regardless of market fluctuations.
Sob o acordo fixo, os preços permanecem constantes independentemente das flutuações do mercado.
In Brazilian business culture, fixed agreements are highly valued as they provide stability and predictability. Companies often use them to protect long-term relationships with suppliers and clients. The term is common in corporate, legal, and financial sectors across Brazil and Portugal, where contractual obligations are taken very seriously.
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