1. A formal agreement or contract that has been officially approved, ratified, or authorized by a competent authority or governing body
The trade agreement was a sanctioned agreement between the two nations.
O acordo comercial era um acordo sancionado entre as duas nações.
2. An officially permitted or authorized accord that complies with legal or regulatory requirements
The merger required a sanctioned agreement from the regulatory commission.
A fusão exigia um acordo sancionado da comissão reguladora.