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British Dictionary definitions for threshold agreement

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
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Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012