the contract, written or oral, made between an employer or employers and a union on behalf of all the employees represented by the union.
2.
the schedule of wages, rules, and working conditions agreed upon.
Origin
1935-40
Examples from the web for collective agreement
In many ways, professions define and sustain themselves with a collective agreement to be bound by regulations.
The employer may pay a complementary unemployment benefit under collective agreement.
There were no known cases during the year of the government refusing to approve a collective agreement.
British Dictionary definitions for collective agreement
collective agreement
noun
1.
a negotiated agreement, which is not enforceable at law, between an employer and employees' representatives, covering rates of pay or terms and conditions of employment, or both