Nomen

der Tarifvertrag

collective agreement, collective bargaining agreement

Der neue Tarifvertrag wurde gestern unterschrieben.

The new collective agreement was signed yesterday.

Die Gewerkschaft verhandelt über einen Tarifvertrag.

The union is negotiating a collective agreement.

to conclude a collective agreement ((with sb.)) The union concluded a collective agreement with the employers.

der Arbeitsvertrag (employment contract), die Vereinbarung (agreement)

A compound of 'der Tarif' (tariff, rate) and 'der Vertrag' (contract).

It's a 'contract' (Vertrag) that sets the 'tariffs' or rates (Tarif) for wages and working conditions.

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