Deal Meaning: Definition, Examples, and Translations
๐ผ
deal
[diหl ]
Definitions
business
An agreement entered into by two or more parties for their mutual benefit, especially in a business or financial context.
Synonyms
agreement, arrangement, contract.
Which Synonym Should You Choose?
| Word | Description / Examples |
|---|---|
| deal |
This word is informal and can be used in everyday conversations when talking about business transactions, agreements, or any kind of understanding between two or more parties.
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| agreement |
This word is more formal and typically used in legal, official, or business contexts to signify mutual consent between parties. It indicates that all parties have the same understanding.
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| contract |
This is a very formal term used in legal and business contexts. It refers to a written or spoken agreement that is enforceable by law.
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| arrangement |
This term is less formal than 'agreement' and usually refers to a plan or preparation made in advance. Arrangements often involve logistics and organization.
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Examples of usage
- Let's make a deal.
- She closed the deal with the client.
- The deal was finalized after weeks of negotiation.
- He is known for striking great deals.
- We need to negotiate the terms of the deal.
informal
An agreement or arrangement, especially a favorable one.
Synonyms
Which Synonym Should You Choose?
| Word | Description / Examples |
|---|---|
| deal |
Use 'deal' when referring to an agreement or arrangement between two or more parties, often involving terms and conditions. It can also refer to a good price for a product or service.
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| bargain |
Use 'bargain' when talking about buying something at a price much lower than usual. It can also refer to the act of negotiating a lower price.
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| discount |
Use 'discount' when referring to a reduction in the usual price of something. It is commonly used in retail and marketing.
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| offer |
Use 'offer' when talking about presenting something for someone to accept or reject. It can also refer to special promotions or deals presented to customers.
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Examples of usage
- It's a good deal for both parties.
- She got a great deal on that car.
- We're getting a good deal on the hotel room.
business
To engage in commercial or financial transactions.
Synonyms
Which Synonym Should You Choose?
| Word | Description / Examples |
|---|---|
| deal |
Act of distributing or handling something; often used in games or informal settings.
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| trade |
Exchange goods, services, or assets; often used in a more formal economic or commercial context.
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| transact |
Conduct or carry out business operations or activities; typically formal or legal context.
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| negotiate |
Engage in formal discussions to reach an agreement; typically in more serious, official, or business settings.
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Examples of usage
- They are dealing in real estate.
- She deals in antique furniture.
- He deals with high-profile clients.
Translations
To see the translation, please select a language from the options available.
Interesting Facts
Economics
- In business, a 'deal' often refers to negotiations where terms are agreed upon to benefit all parties involved.
- Deals can range from simple trades among friends to complex agreements in multinational corporations.
- The concept of closing a deal is crucial in sales, marking the final agreement between buyer and seller.
Pop Culture
- The phrase 'Deal or No Deal' became popular through a game show where contestants choose between taking an offered amount or continuing in the game.
- In popular music, many songs reference making deals or bargains, often metaphorically speaking about relationships or life choices.
- Movies often depict deals as pivotal moments in plots, showcasing betrayal or unexpected twists.
Psychology
- People often subconsciously evaluate deals based on perceived fairness and potential gains, as seen in social bargaining interactions.
- Research shows that negotiations can be influenced by emotions, making understanding human behavior key in making favorable deals.
- The concept of reciprocity plays a significant role in how deals are perceived, as people are more likely to agree if they feel they are getting something in return.
Literature
- The term is frequently employed in literature today to explore themes of negotiation, trust, and moral dilemmas.
- Classic stories often involve protagonists making deals with moral consequences, highlighting the complexity of choices.
- In fables, characters often face deals that lead to important lessons about ethics and values.
Origin of 'deal'
Main points about word origin
- The word has Old English roots, with 'dวฝlan' meaning to divide or distribute.
- In the early 14th century, it also began to take on the meaning of making a business agreement.
- It was adopted into Middle English, evolving in meaning as society shifted towards trade and commerce.
The word 'deal' originated from the Old English word 'dวฃl', meaning a portion or share. Over time, it evolved to represent an agreement or arrangement between parties. The concept of making deals has been a fundamental aspect of human interaction in various contexts, from business transactions to personal negotiations.