articles of agreement
- noun
- Archaic
:
contrato de embarque
- Neither reformable nor worth reforming, the World Bank should be shut down, as provided for in its Articles of Agreement, with responsibility for its loan losses accepted by its wealthy members who have been responsible for the bank's survival for the past half-century.
Examples
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Under the articles of agreement signed at Bretton Woods in 1944, the World Bank and the IMF are currently prohibited from considering democratic legitimacy when making financing decisions.
Academic text (2004) -
In the end, all that proved politically feasible was an amendment to the Articles of Agreement of the IMF that essentially legalized floating exchange rates.
Academic text (1995) -
Therefore, we enter into the following articles of agreement:
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According to the bank's Articles of Agreement, management and staff "owe their duty entirely to the bank and to no other authority."
Academic text (1992) -
For almost a hundred lines, the audience hears the "Articles of Agreement" binding them as willing participants in the fiction.
Academic text (2003) -
See Article VI, sections I and 3 of the Articles of Agreement of the IMF.
Academic text (1995) -
In articles of agreement drawn up on January 1, 1795, before the passage of the Yazoo Act in its final form, Gunn and his associates in the Georgia Company made this strategy explicit.
Academic text (2010) -
Hernando de Soto, "A Latin American View of the Brady Plan," Wall Street Journal, 19 May 1989. See International Bank for Reconstruction and Development, Articles of Agreement, Article VII, pp. 15-16.
Academic text (1992) -
Amending the World Bank's Articles of Agreement requires three-fifths of the members—with 85 percent of the total voting power—to agree to changes, making the democratization of the institution unlikely in the extreme.
Academic text (1992) -
The crew reviewed the articles of agreement carefully before starting their voyage.
Synonyms
∞
1.4
A promise made between two or more people, often written
5
2.7
A written agreement between an employer and an employee that says the job rules and pay
3
3.2
A written contract between workers and the company about pay and working rules
2
3.0
A signed paper that shows the employer's and employee's pay, duties and job rules
A formal contract between the ship's captain and crew that states duties, pay, and working conditions during a voyage
Antonyms
Surface Forms
Morphology
An average B1 learner who knows 'article' (a numbered clause) and 'agreement' (a contract) can infer that 'articles of agreement' refers to the clauses or terms belonging to a contract — in maritime contexts this denotes the formal contract between crew and captain. The noun + of + noun legal composition is common cross-linguistically and follows straightforward compositional semantics, so the meaning is directly derivable from the parts.
Etymology
Articles of agreement comes from life on ships, where the crew signed a paper of rules and pay called the articles to show their agreement on work and pay. That's why the phrase means a formal 'contract' listing duties, rights, and work terms.