An accord refers to a formal agreement or treaty made between two or more parties to resolve a specific issue or achieve a common goal. It is a binding agreement that outlines the terms and conditions for cooperation.
Related terms
Treaty: A formal agreement between countries that establishes rights, obligations, and regulations regarding specific issues.
Negotiation: The process of discussing, compromising, and reaching an agreement through dialogue between parties with different interests.
Diplomacy: The art of conducting negotiations and maintaining relations between nations in order to promote peace, resolve conflicts, and advance mutual interests.