Meaning of collective agreement

collec'tive agree'ment

Pronunciation: [key]
  1. the contract, written or oral, made between an employer or employers and a union on behalf of all the employees represented by the union.
  2. the schedule of wages, rules, and working conditions agreed upon.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.
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