The term COMPRESS; AGREEMENT can be broken down into two words. The first word, COMPRESS, is a 7-letter word meaning to reduce in size or volume by pressing together. The second word, AGREEMENT, is an 8-letter word meaning a mutual understanding between two or more parties. Together, the two words can be interpreted as a mutual understanding between two or more parties to reduce in size or volume. This could refer to a variety of situations, such as a business AGREEMENT to reduce costs or a contract to reduce the amount of waste produced.