#understanding__agreement the statement (oral or written) of an exchange of promises; "they had an agreement that they would not interfere in each other's business"; "there was an understanding between management and the workers"
supertype: #statement a message that is stated or declared; a communication (oral or written) setting forth particulars or facts etc; "according to his statement he was in London on that day"
part: #condition.statement
subtype: #conspiracy__confederacy a secret agreement between two or more people to perform an unlawful act
subtype: #conspiracy_of_silence a conspiracy not to talk about some situation or event; "there was a conspiracy of silence about police brutality"
subtype: #covenant (Bible) an agreement between God and his people in which God makes certain promises and requires certain behavior from them in return
subtype: #unilateral_contract a one-sided agreement whereby you promise to do (or refrain from doing) something in return for a performance (not a promise)
subtype: #sales_agreement__sale an agreement (or contract) in which property is transferred from the seller (vendor) to the buyer (vendee) for a fixed price in money (paid or agreed to be paid by the buyer); "the salesman faxed the sales agreement to his home office"
subtype: #conditional_sale__conditionalsale a sale in which the buyer receives title to the property only upon the performance of some condition (usually the full payment of the purchase price)
subtype: #sheriff's_sale__sheriff'ssale__judicial_sale__forced_sale a sale of property by the sheriff under authority of a court's judgment in order satisfy and unpaid obligation
subtype: #bargain.understanding__deal an agreement between parties (usually arrived at after discussion) fixing obligations of each; "he made a bargain with the devil"; "he rose to prominence through a series of shady deals"
subtype: #working_agreement__workingagreement an informal agreement to work together
subtype: #gentlemen's_agreement__gentlemen'sagreement a personal agreement based on honor and not legally binding
subtype: #written_agreement__writtenagreement a legal document summarizing the agreement between parties
subtype: #contract a binding agreement between two or more persons that is enforceable by law
subtype: #adhesion_contract__contract_of_adhesion a contract that heavily restricts one party while leaving the other free (as some standard form printed contracts); implies inequality in bargaining power
subtype: #aleatory_contract a contract whose performance by one party depends on the occurrence of an uncertain contingent event (but if it is contingent on the outcome of a wager it is not enforceable)
subtype: #bilateral_contract__bilateralcontract a contract involving mutual promises (each part is both promisor and promisee)
subtype: #charter.contract a contract to hire or lease transportation
subtype: #conditional_contract__conditionalcontract a contract whose performance depends on a fact or event that affects legal relations
subtype: #cost-plus_contract a contract in which the contractor is paid his total cost plus a stated percentage of profit
subtype: #gambling_contract a contract whose performance by one party is contingent on the outcome of a bet; unenforceable by statute in most jurisdictions
subtype: #lease.contract a contract granting use or occupation of property during a specified time for a specified payment
subtype: #marriage_contract__marriage_settlement a prenuptial agreement or contract
subtype: #output_contract a contract in which you promise to deliver your entire output to the other party who promises to accept it
subtype: #insurance_policy__insurancepolicy__policy__insurance written contract or certificate of insurance; "you should have read the small print on your policy"
subtype: #floating_policy__floater an insurance policy covering loss of movable property (e.g. jewelry) regardless of its location
subtype: #purchase_contract__purchase_agreement a contract stating the terms of a purchase
subtype: #quasi_contract__quasicontract a contract created by law for reasons of justice without any expression of assent
subtype: #requirements_contract a contract in which you agree to purchase all your requirements of a particular sort from one party
subtype: #sealed_instrument__contract_under_seal__special_contract__specialcontract a contract that is signed and has the (wax) seal of the signer attached
subtype: #service_contract__servicecontract a contract for maintenance services
subtype: #severable_contract__severablecontract a contract in which in the event of a breach by one of the parties can be considered as several independent agreements expressed in a single instrument
subtype: #subcontract a contract assigning to another party some obligations of a prior contract
subtype: #partnership.contract a contract between two or more persons who agree to pool talent and money and share profits or losses
subtype: #articles_of_agreement__shipping_articles a contract between crew and captain of a ship
subtype: #concession.contract__grant a contract granting the right to operate a subsidiary business: "he got the beer concession at the ball park"
subtype: #franchise an authorization to sell a company's goods or services in a particular place
subtype: #labor_contract__laborcontract__labor_agreement__laboragreement__collective_agreement contract between labor and management government wages and benefits and working conditions
subtype: #yellow-dog_contract a now-illegal labor contract whereby the employee agrees not to join a trade union
subtype: #employment_contract__employment_agreement contract between employer and employee
subtype: #distribution_agreement a contract governing the marketing of an item of merchandise
subtype: #licensing_agreement__licensingagreement contract giving someone the legal right to use a patent or trademark
subtype: #merger_agreement__acquisition_agreement__acquisitionagreement contract governing the merger of two or more companies
subtype: #sale_in_gross__contract_of_hazard a sale of a tract of land as a whole without a warranty as to the acreage
subtype: #indenture a contract binding one party into the service of another for a specified term
subtype: #Articles_of_Confederation a written agreement ratified in 1781 by the thirteen original states; it provided a legal symbol of their union by gave the central government no coercive power over the states or their citizens
subtype: #compact__covenant__concordat a signed written agreement between two or more parties (nations) to perform some action
subtype: #indenture.written_agreement formal agreement between the issuer of bonds and the bondholders as to terms of the debt
subtype: #obligation a legal agreement specifying a payment or action and the penalty for failure to comply
subtype: #indebtedness__liability__financial_obligation__financialobligation an obligation to pay money to another party
subtype: #limited_liability__limitedliability the liability of a firm's owners for no more than the capital they have invested in the firm
subtype: #debt.indebtedness the state of owing money; "he is badly in debt"
subtype: #arrears.indebtedness__arrear the state of being behind in payments; "an account in arrears"
subtype: #account_payable a liability account showing how much is owed for goods and services purchased on credit
subtype: #scot_and_lot obligations of all kinds taken as a whole
subtype: #treaty__pact__accord a written agreement between two states or sovereigns
subtype: #alliance a formal agreement establishing an association or alliance between nations or other groups to achieve a particular aim
subtype: #peace_treaty__peacetreaty__pacification a treaty to cease hostilities; "peace came on November 11th"
subtype: #Peace_of_Westphalia the peace treaty that ended the Thirty Years' War in 1648
subtype: #convention.treaty (diplomacy) an international agreement
subtype: #Geneva_convention an agreement concerning the treatment of war prisoners
subtype: #SALT_I the first treaty between the US and USSR resulting from the Strategic Arms Limitation Talks
subtype: #SALT_II the second treaty between the US and USSR resulting from the Strategic Arms Limitation Talks
subtype: #Treaty_of_Versailles the treaty imposed on Germany by the Allied powers in 1920 after the end of World War I which demanded exorbitant reparations from the Germans
subtype: #escrow a written agreement (or property or money) delivered to a third party or put in trust by one party to a contract to be returned after fulfillment of some condition
subtype: #entente_cordiale__ententecordiale__entente a friendly understanding between political powers
subtype: #oral_contract an agreement that is not in writing and is not signed by the parties but is a real existing contract that lacks only the formal requirement of a memorandum to render it enforceable in litigation
subtype: #settlement a conclusive resolution of a matter and disposition of it
subtype: #accommodation.settlement a settlement of differences; "they reached an accommodation with Japan"
subtype: #modus_vivendi__modusvivendi a temporary accommodation of a disagreement between parties pending a permanent settlement
subtype: #compromise an accommodation in which both sides make concessions; "the newly elected congressmen rejected a compromise because they considered it `business as usual'"
subtype: #Missouri_Compromise an agreement in 1820 between pro-slavery and anti-slavery factions in the United States concerning the extension of slavery into new territories
subtype: #conclusion.settlement a final settlement; "the conclusion of a business deal"; "the conclusion of the peace treaty"
subtype: #out-of-court_settlement resolution of a dispute prior to the rendering of a final decision by the trial court
subtype: #property_settlement (matrimonial law) the division of property owned or acquired by marriage partners during their marriage
subtype: #accord_and_satisfaction the settlement of a debt by paying less than the amount demanded in exchange for extinguishing the debt
subtype: #severance_agreement__severanceagreement an agreement on the terms on which an employee will leave
subtype: #golden_handshake a lucrative severance agreement offered to an employee (usually as an incentive to retire)
subtype: #suicide_pact__suicidepact an agreement by two or more people to commit suicide together at a given place and time; "the two lovers killed themselves in a suicide pact"
2 statements are about indirect instances of #understanding: pm#graph1_on_insurance, pm#graph1_on_insurance click here to display them or click here for a search form or here to add a statement