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WordNet-Online
Definitions from WordNet
Noun distribution agreement has 1 sense | ||||
Definitions from the WebDistribution AgreementDefinitionA distribution agreement refers to a legally binding contract between a manufacturer or supplier and a distributor. It establishes the terms and conditions for distributing products or services in a specific market or territory. SensesSense 1NounA written agreement outlining the terms between a manufacturer or supplier and a distributor for the distribution of goods or services. Example: The distribution agreement between the electronics manufacturer and the local distributor allowed for exclusive sales of their products in the region. Sense 2NounThe act or process of distributing goods or services to various locations or customers. Example: The distribution agreement ensured efficient and timely delivery of the company's products to retailers across the country. Sense 3NounA legal document that determines the allocation of profits and responsibilities among partners in a partnership. Example: The distribution agreement among the partners clearly defined their respective shares in the profits and decision-making process. Related Products | ||||
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