treaty treat‧y [ˈtriːti] noun treaties PLURALFORM [countable]
1. a formal agreement between two countries or governments:

• The US-Taiwan trade treaty is still valid, despite the ending of diplomatic ties.

comˌmercial ˈtreaty ECONOMICS
an agreement on trade between two countries:

• Congress approved a commercial treaty with Ukraine that paved the way for a joint business venture.

— see also Maastricht Treaty
2. LAW a formal agreement between two people or companies; = CONTRACT
ˌprivate ˈtreaty COMMERCE
a private agreement for the sale of property or a work of art:

• The site will be sold by private treaty at a fixed price or by offers over a minimum sale figure.

* * *

treaty UK US /ˈtriːti/ noun [C] (plural treaties)
GOVERNMENT, LAW an agreement between two or more countries, formally approved by their governments: ratify/sign a treaty »

The latest nation to ratify the treaty is France.

an air/trade treaty »

The US wants a new air treaty with the UK to lift barriers on the cities that each nations' carriers can serve.

LAW a formal agreement between two people, companies, or organizations: »

Sales of partnership property should be conducted by private treaty or at auction.

See also CONTRACT(Cf. ↑contract) noun
See also COMMERCIAL TREATY(Cf. ↑commercial treaty), THE MAASTRICHT TREATY(Cf. ↑the Maastricht Treaty), PRIVATE TREATY(Cf. ↑private treaty)
See Note AGREEMENT(Cf. ↑agreement)

Financial and business terms. 2012.

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Look at other dictionaries:

  • Treaty 4 — was a treaty established between Queen Victoria and the Cree and Saulteaux First Nations. The area covered by Treaty 4 represents most of current day southern Saskatchewan, plus small portions of what are today western Manitoba and southeastern… …   Wikipedia

  • Treaty 3 — was an agreement entered into on October 3, 1873, by the Ojibway Nation and Queen Victoria. The treaty covers a large part of what is now northwestern Ontario and a small part of eastern Manitoba. Treaty 3 also provided for rights for the Metis… …   Wikipedia

  • Treaty 8 — was an agreement signed on June 21, 1899, between Queen Victoria and various First Nations at Lesser Slave Lake. Adhesions to this agreement were signed that same year on July 1 at Peace River Landing, July 6 at Dunvegan, July 8 at Fort Vermilion …   Wikipedia

  • treaty — trea·ty n pl treaties [Anglo French treté, from Middle French traité, from Medieval Latin tractatus, from Latin, handling, treatment, from tractare to treat, handle] 1: the action of treating and esp. of negotiating 2: an agreement or arrangement …   Law dictionary

  • Treaty 7 — was an agreement between Queen Victoria and several mainly Blackfoot First Nations tribes in what is today the southern portion of Alberta. It was concluded on September 22, 1877. The agreement was signed at the Blackfoot Crossing of the Bow… …   Wikipedia

  • Treaty 2 — was an agreement established August 21, 1871, between the Queen Victoria and various First Nations in southwest Manitoba and a small part of southeast Saskatchewan; treaty signatories from this region included the Ojibway tribes. This would be… …   Wikipedia

  • Treaty 6 — is an agreement between the Canadian monarch and the Plain and Wood Cree Indians and other tribes of Indians at Fort Carlton, Fort Pitt and Battle River. The area given up by the Plain and Wood Cree represents most of the central area of the… …   Wikipedia

  • Treaty 5 — is a treaty that was first established in September, 1875, between Queen Victoria and Saulteaux and Swampy Cree non treaty tribes and peoples around Lake Winnipeg in the part of the North West Territories known as Rupert s Land. [A written text… …   Wikipedia

  • Treaty 1 — was an agreement established August 3, 1871 between Queen Victoria and various First Nations in South Eastern Manitoba including the Chippewa and Swampy Cree tribes. This would be the first treaty signed since the 1867 formation of the modern… …   Wikipedia

  • Treaty 9 — was an agreement established in July, 1905, between King Edward VII and various First Nations in northern Ontario. One First Nation community in the bordering Abitibi region of northwestern Quebec is also included in this treaty. It was also… …   Wikipedia

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