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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 Mexico, barely scraping by with the minimum required, passing something by the thinnest possible margin. It also refers to belly-flopping onto water or the ground with full surface impact.