This is the 1311th most frequent Russian word.
соглашение
"Agreement" or "accord."
The word 'соглашение' is used here to refer to a formal agreement between parties.
Мы подписали соглашение, чтобы начать сотрудничество.
We signed an agreement to start cooperation.
Here, 'соглашение' denotes a consensus or mutual agreement among people.
Соглашение в команде было достигнуто, и спор утих.
Agreement in the team was reached, and the dispute subsided.
In this case, 'соглашение' points to a set of agreed-upon terms or a contract.