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fair deal
/ˈfɛər ˈdiːl/
a transaction or agreement that is honest and reasonable
The company offered employees a fair deal on health insurance.
The company provided employees with a reasonable and equitable health insurance plan.
Business
formal
an agreement or transaction that is considered honest, reasonable, and equitable for all parties involved
After months of negotiation, the two companies reached a fair deal on the merger terms.
After months of negotiation, the two companies agreed on reasonable and equitable terms for their merger.
Often used in business and legal contexts to describe agreements that are free from exploitation or unfair advantage.
Finance
informal
a transaction or offer that is perceived as just and advantageous for all participants
The car dealership gave me a fair deal on the used vehicle.
The car dealership offered me a reasonable and fair price for the used vehicle.
Commonly used in everyday language to describe purchases or transactions where the terms are considered balanced.
Collocations
fair deal ona reasonable offer or price for somethingfair deal fora just agreement or arrangement for someone
Related Phrases
Pro Tip
Context Matters
The phrase 'fair deal' is often used in negotiations and transactions. Pay attention to the context to determine whether it refers to a business agreement, a financial transaction, or an everyday purchase.
Gold Rule
Equitable Terms
A 'fair deal' implies that all parties involved in the agreement or transaction receive equal benefits and are not exploited.
Word Origin
The phrase 'fair deal' combines 'fair' (meaning just or equitable) and 'deal' (an agreement or transaction). It has been used in English since at least the early 20th century to describe transactions that are considered honest and balanced.
Usage Notes
The phrase is commonly used in business, finance, and legal contexts to describe agreements that are free from bias or exploitation. It can also be used informally to describe everyday transactions where the terms are perceived as reasonable.
Word Breakdown
fair
just, equitable, or reasonable
adjectivedeal
an agreement or transaction
nounEnglish Dictionary