cut a deal

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1. (idiomatic, informal) To reach a negotiated agreement.

   Synonyms: make a deal, reach an agreement, strike a bargain

   Mr. Jeffries’s troops have grown increasingly anxious this week about the possibility that Mr. Biden is going to cut an unsatisfactory deal to raise the debt limit.

2. (obsolete) To cut a deck of cards in preparation for dealing them.

• it's a deal

• “cut a deal”, in Dictionary.com Unabridged, Dictionary.com, LLC, 1995–present.
• “cut a deal”, in Collins English Dictionary.
• “cut a deal” (US) / “cut a deal” (UK) in Macmillan English Dictionary.