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threshold agreement

noun

  1. an agreement between an employer and employees or their union to increase wages by a specified sum if inflation exceeds a specified level in a specified time
鈥淐ollins English Dictionary 鈥 Complete & Unabridged鈥 2012 Digital Edition 漏 William Collins Sons & Co. Ltd. 1979, 1986 漏 HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012


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Example Sentences

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But the FAS report argues for a similar 鈥渢hreshold agreement鈥 to rein in North Korea鈥檚 nuclear and missile arsenals and their proliferation to other countries.

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