1
general::
Phrase(s): cut a deal
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.
McGrawhill's American Idioms And Phrasal Verbs
2
general::
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]
American Heritage Idioms