[Grammar] the conditions of a legal, business, or financial agreement that the people making it

[kadioguy]

terms
PLURAL
the conditions of a legal, business, or financial agreement that the people making it accept

He had little choice but to accept their terms.

https://www.macmillandictionary.com/dictionary/british/term_1#term_1__33
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Which of the following should I take the blue part to mean?

a. ... the people who made it ...
b. ... the people who make it ...
c. ... the people who are making it ...

I assume (a), because I think that the people made it first, then accept it.

(Well, or maybe (c)? I am not sure. :-?)

What do you think?

 

[GoesStation]

B is natural.

 

[jutfrank]

I say C.

The phrase make an agreement does not relate to, say, the act of writing the contract. It relates to the act of accepting it.

In other words, you don't first make an agreement and then accept it later.

 

[tedmc]

The dictionary merely states a general statement, so the simple present is appropriate.