Definition of «agreement»

An agreement is a mutual understanding or arrangement between two or more parties, in which they come to a consensus on a particular issue or set of issues. It can be written or verbal and outlines the expectations, responsibilities, and obligations of each party involved. An agreement may also specify consequences for non-compliance with its terms.

Usage examples

  1. Signed agreement: The parties involved in a business deal signed a formal agreement outlining the terms and conditions of their partnership.
  2. Rental agreement: The landlord and tenant signed a rental agreement that specified the monthly rent, lease term, and responsibilities of each party.
  3. Peace agreement: After years of conflict, the two warring nations finally reached a peace agreement to end the violence and establish diplomatic relations.
  4. Service agreement: The client and service provider entered into a service agreement that defined the scope of work, deliverables, and payment terms.
  5. Non-disclosure agreement: In order to protect sensitive information, the company required employees to sign a non-disclosure agreement promising not to share confidential data with third parties.
  6. Employment agreement: John and the company had an employment agreement which detailed his job responsibilities, salary, benefits, and termination conditions.
  7. Partnership agreement: The two entrepreneurs formed a partnership agreement to jointly run a new business venture, outlining their respective roles, profit sharing, and decision-making processes.
  8. Licensing agreement: The software company granted a licensing agreement to another company, allowing them to use their technology for a fee and specific usage conditions.
  9. Joint venture agreement: Two companies engaged in a joint venture signed an agreement that defined the purpose, financial contributions, and management structure of the collaboration.
  10. Buyer-seller agreement: The buyer and seller of a property negotiated and agreed on the terms of a purchase agreement, including the price, contingencies, and closing date.

Sentences with «agreement»

  • Some even go further and say that the unity of the church must be defined in terms of agreement in the struggle to achieve this unity of humankind. (religion-online.org)
  • The unity of the course of study does not rest on agreement in judgment. (religion-online.org)
  • After meeting for more than 18 hours, they released a statement with agreement on several points about the debate. (bitcoinmagazine.com)
  • (see all sentences)
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