Final answer:
The term used to describe the arrangement made by Phillip and Nicole before getting married is a personal marriage agreement.
Step-by-step explanation:
The term used to describe the arrangement made by Phillip and Nicole before getting married is personal marriage agreement. This refers to a written document outlining their expenditures, role responsibilities, and obligations of the marriage. A personal marriage agreement is a contemporary practice that allows couples to establish clear expectations and responsibilities before entering into marriage.