A business arrangement is an agreement between two or more parties that outlines the terms and conditions of a business relationship. The term 'DEAL' is often used to refer to such an arrangement, as it implies a mutual understanding between the parties involved. A DEAL can involve anything from a simple exchange of goods or services to a complex financial transaction. It is important to ensure that all parties involved in a business arrangement are aware of the terms and conditions of the DEAL before it is finalized.