Welche Bedeutung steckt hinter der hier vorgestellten Vokabel aus dem Bereich Meetings?

Joyce: 'Isn't there something in this contract that we can change to our advantage?' John: 'No, there's no point in discussing it any further because it's cut and dried.'

it's cut-and-dried

Do you know what it means?

• it's already decided
• it's too soon
• it's still only in draft form