Meaning of the word "business deal" in English

What does "business deal" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

business deal

US /ˈbɪz.nəs diːl/
UK /ˈbɪz.nɪs diːl/
"business deal" picture

Noun

an agreement or arrangement between two or more parties for the exchange of goods, services, or information, typically for profit

Example:
The two companies finally signed a major business deal yesterday.
He is in London to negotiate a new business deal.