gentleman's agreement

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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

a gentleman's agreement

or

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 ?
Elsom said: "We disagree on the gentlemen's agreement I didn't believe that there was one.
Spanish Secretary of State for European Affairs Diego Lopez Garrido had indicated, in mid-April in the plenary, on behalf of the rotating Presidency, that the Council would be prepared to discuss a new gentlemen's agreement to improve the situation, but on condition that this remains based on reciprocity'.
On one hand the FIFA regulations say that George Burley can pick eligible players who hold a British passport - and on the other we have the gentlemen's agreement with the other Home Associations.
Elsom said: "We disagree on the gentlemen's agreement - I didn't believe that there was one.
For MEPs, the gentlemen's agreement is untenable because the Council's expenses have evolved and they now want a right of scrutiny.
The presidents of the two institutions could tone down the situation before the vote in plenary and try to revise the gentlemen's agreement.
I didn't make a big song and dance about this gentlemen's agreement because I never expected a club of Leeds' stature to want me.
O'Neill, offered a massive pay rise to put him on pounds 600,000 per season at Filbert Street, insisted earlier: "I have a gentlemen's agreement following the Everton business during the summer that I can talk to other clubs.
Its aviation spokesman Tom Brake said: "It would suggest there might be a gentlemen's agreement among carriers flying the main business routes to not be as competitive as they might be.
CRAIG SHAKESPEARE wants Leicester's stars to stay - irrespective of any verbal gentlemen's agreements with the club.
But Gold said: "I don't think contracts matter a hoot, because it always seems these days there are gentlemen's agreements as well - more like Mickey Mouse agreements.