English version

freeze agreement

From Longman Business Dictionaryfreeze agreementˈfreeze aˌgreementFINANCE an agreement made by a company looking for investment from other companies with a company that might be investing in it, stating that it will not look for investment from any other companiesNissan would have to sign a freeze agreement preventing it from approaching other carmakers until talks with Renault were completed or called off. agreement
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