An agreement between two parties that benefits both of them is typically referred to as a "mutual agreement" or a "win-win agreement." In many contexts, such an arrangement might also be described as a "contract," depending on the legal or formal nature of the agreement. The key characteristic of such agreements is that they create value for all involved parties. Other terms that can be used include "collaborative agreement" or "partnership agreement," depending on the specific nature of the relationship and the goals involved.
An agreement between two parties that benefits of them both is
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