concordato

agreed; concordant

adjective kon-kor-DAH-toh Rare

Origin: From Latin 'concordatus', past participle of 'concordare' (to agree)

Usage Note

Concordato as an adjective means mutually agreed — prezzo concordato ('agreed price'), data concordata ('agreed date'). As a noun (il concordato), it refers specifically to the Concordato between the Italian state and the Holy See (the Lateran Treaty framework), or to a concordato preventivo (a company voluntary arrangement in insolvency law). Context determines which meaning is intended.

Examples

"Il prezzo concordato tra le parti è definitivo."

Natural Translation

The price agreed between the parties is final.

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