noun
collective agreement
A formal agreement between a labor union and an employer regarding working conditions, wages, etc. Used in legal and labor contexts.
新しい団体協約が労働組合と会社の間で締結された。
A new collective agreement was concluded between the labor union and the company.
Synonymous; 団体協約 is less common and slightly more formal, while 労働協約 is the standard term in modern Japanese labor law.
Compound of 団体 (group, organization) and 協約 (agreement, pact). The term is a direct translation of the English 'collective agreement' and is used primarily in labor law contexts.