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  1. Oxford American Dictionary

    standstill agreement

    • IPA[ˈstan(d)ˌstil əˈɡrēmənt]
    • n.
      an agreement between two countries in which a debt owed by one to the other is held in abeyance for a specified period.；an agreement between a company and a bidder for the company in which the bidder agrees to buy no more shares for a specified period.

    • noun: standstill agreement, plural noun: standstill agreements