Definition, Meaning & Synonyms
lta
abbreviation
el-tee-ay
Definition
LTA can refer to various meanings depending on the context, but in common usage, it often stands for ‘Long Term Agreement’ or ‘Local Transport Authority’ in business and government contexts.
Examples
- The company signed an LTA with their suppliers to ensure a stable price over the next three years.
- The Local Transport Authority introduced new bus routes to improve public transport.
- Students were encouraged to discuss the LTA during their project presentations.
Meaning
LTA is an abbreviation used to denote agreements that are intended to last for a significant duration or bodies responsible for local transportation management.
Synonyms
- Long-Term Contract
- Local Transit Authority
- Enduring Agreement