1. A binding agreement or contract that has been finalized and agreed upon by all parties involved, with all terms resolved
After weeks of negotiations, the two companies reached a settled agreement on the merger terms.
Após semanas de negociações, as duas empresas chegaram a um acordo fechado sobre os termos da fusão.
2. A resolution or decision that has been firmly established and is no longer subject to dispute or change
The settled agreement between the employee and employer resolved the labor dispute.
O acordo fechado entre o empregado e o empregador resolveu a disputa trabalhista.