to arrange a deal; to negotiate an agreement. Maybe we can cut a deal. Let's talk.The two lawyers cut a deal that left me with my car, although she got the house.
to make an agreement or an arrangement with someone, especially in business or politics The property developer tried to cut a deal with us to get us out of the building.
Offer or arrange an agreement or compromise, as in The administration is hoping to cut a deal with Japan. This expression uses deal in the sense of "business transaction." [Colloquial; 1970s]