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Related to agreements: Partnership Agreements

agreement in principle

An agreement in which the general terms and/or conditions of a deal are accepted without the complete details having been specified or necessarily agreed upon. There was an agreement in principle that the government would cover the cost of building a new school, but so far we haven't seen a clear proposal on how this would be accomplished.
See also: agreement, principle

gentleman's agreement

A legally non-binding arrangement that is guaranteed only by a verbal or mutually understood agreement by the parties involved. Though my father left me his entire estate in his will, I made a gentleman's agreement with my brother to share the wealth equally between us.
See also: agreement

in agreement

(with someone or something) in conformity with someone or something; agreeing with someone or something. We are in total agreement. I am in agreement with your proposal.
See also: agreement

reach an accord (with someone)

 and reach an agreement (with someone)
to come to an agreement with someone. I hope that we can reach an accord with the union so work can start again. We will try one more time to reach an agreement with you. We reached an agreement and signed a contract.
See also: accord, reach

sweetheart agreement

 and sweetheart deal
a private agreement reached between a public agency or government official and a private company that includes illicit payments or special favors. They found that the mayor was involved in a number of sweetheart agreements. Most of the building contractors in town would be out of business if they didn't have sweetheart deals with the local politicians.

a gentleman's agreement


a gentlemen's agreement

A gentleman's agreement or a gentlemen's agreement is an informal agreement that is not written down but in which people trust one another to do what they have promised. We had no contract; it was done by a gentleman's agreement. I'm hoping we can come to a gentlemen's agreement, Colonel.
See also: agreement

a gentleman's agreement

an arrangement or understanding which is based on the trust of both or all parties, rather than being legally binding.
1991 Charles Anderson Grain: Entrepreneurs There had been a ‘gentleman's agreement’ by the Grain Growers not to enter the markets of Saskatchewan Wheat Pool's predecessor.
See also: agreement

a ˌgentleman’s aˈgreement

(also a ˌgentlemen’s aˈgreement) an agreement, a contract, etc. in which nothing is written down because both people trust each other not to break it: ‘Why don’t you tell him you don’t want to sell it now?’ ‘I can’t possibly. It was a gentleman’s agreement and I must keep to it.’
See also: agreement
References in periodicals archive ?
Standard agreements cede the owner's authority to the architect, as the owner's representative, to direct the work, withhold payment to the contractor for defective or deficient work, and authorize change orders.
There is generally no milestone date provided for final completion in AIA Form Agreements.
As contemplated under the pledge agreements, the trustee, acting as an agent of the taxpayer, entered into share-lending agreements with the counterparty with respect to the pledged stock.
Based on these facts, the IRS concluded that the cumulative effects of the VPFs, pledge agreements and share-lending agreements resulted in a common law sale of the pledged shares when the counterparty borrowed the shares.
For example, many of the agreements attempt to shift liability from the governmental entity to the CPA firm and have indemnification clauses that extend the CPA firm's responsibilities to more than just the quality of the professional services performed.
Pilots at Delta Air Lines and Northwest Airlines did not reach contract agreements with the airlines Wednesday.
Many of these agreements set the value for estate tax purposes when one of the shareholders dies.
Issuing a revenue procedure to carve out specific types of nondisclosure agreements (NDAs) from the confidential transaction category of the reportable transaction regulations.
Recognition of arbitration as a means to resolve disputes dates back to 1925, when the United States Congress passed the Federal Arbitration Act (FAA) to provide a mechanism for individuals and entities to sue in federal court to enforce arbitration agreements.
A guide for selling trade agreements to a wary American public.
Moreover, the United States government will argue that these are not international treaties or agreements within the meaning of United States constitutional law.
Department of State has proposed the usage of blanket end-user agreements to help remedy the lengthy third party approval process.
Air pollution never respects international boundaries, but in recent months a spate of meetings and months a spate of meetings and agreements has shown international governments to be more willing than ever to try to limit the amount of their air pollution that drifts into other countries.
I will review below a couple of hurdles to the termination of non-renewal of Japanese distributors and offer some tips on the selection of distributors and the structuring and administration of distribution agreements, all to improve your prospects of successfully terminating your Japanese distributor and moving to a new sales channel.
The Federal Reserve Board on April 30, 2004, announced the execution of a written agreement by and among Cache Valley Banking Company, Logan, Utah; the Cache Valley Bank, Logan, Utah; the Utah State Department of Financial Institutions, Salt Lake City, Utah; and the Federal Reserve Bank of San Francisco.
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