[ noun ] a signed written agreement between two or more parties (nations) to perform some action <noun.communication>
Concordat \Con*cor"dat\, n. [F. concordat, L. concordato, prop. p. p. of concordare. See {Concord}.] 1. A compact, covenant, or agreement concerning anything.
2. An agreement made between the pope and a sovereign or government for the regulation of ecclesiastical matters with which both are concerned; as, the concordat between Pope Pius VII and Bonaparte in 1801. --Hook.
Perhaps that is why we have been reading stories about the prime minister negotiating a new fiscal concordat with the palace. Monarchists must hope that he is successful.
Step one: the pro and anti European wings of the party are expected to settle around the concordat that he negotiated in the summer and published as an essay in The Economist.