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/Sounds like "TRAH" (as in "tract") + "toh" (as in "toll")/

Meaning

A deal or agreement reached after negotiating. When someone says "trato," the back-and-forth is over and both sides are satisfied. The Spanish-speaking world's equivalent of "deal" or "you've got yourself a deal."

Examples

¡Trato! Te lo llevo por ese precio.

Deal! I'll take it at that price.

Nos dimos la mano y el trato quedó cerrado.

We shook hands and the deal was sealed.

Word family
Regional synonyms

In the Dominican Republic, a knock or tap on the head with the knuckles, the kind friends give each other or used as school punishment. A well-placed 'chop' will make your head ring for a moment.