An Informal Agreement Synonym

An informal agreement synonym

An informal agreement is an agreement that is made without formal requirements or legal obligations. It is often a verbal agreement between two parties that is not legally binding. However, even though it is not legally binding, it is important that both parties honor their agreement. Informal agreements are a common practice in many different areas of life, including business, personal relationships, and social interactions.

There are many different synonyms for an informal agreement. Some of these synonyms include:

1. Understanding: An understanding is an informal agreement between two or more parties. It is an agreement that is not formally structured but is based on an understanding between the parties involved.

2. Pact: A pact is an agreement between two or more parties that is not legally binding. It is usually an informal agreement based on mutual trust and understanding.

3. Accord: An accord is an agreement between two or more parties that is not legally binding. It is an informal agreement based on mutual understanding and trust.

4. Covenant: A covenant is an agreement between two or more parties that is not legally binding. It is usually an informal agreement based on mutual trust and understanding.

5. Arrangement: An arrangement is an informal agreement between two or more parties. It is based on mutual understanding and trust and is not legally binding.

6. Gentleman’s agreement: A gentleman’s agreement is an informal agreement between two or more parties that is based on mutual trust and understanding. It is not legally binding but is based on the parties’ word and reputation.

When entering into an informal agreement, it is important that both parties understand that the agreement is not legally binding. However, it is still important to honor the agreement. If one party does not honor the agreement, it may cause damage to the relationship between the parties involved.

In conclusion, an informal agreement is a common practice in many different areas of life. When making an informal agreement, it is important to understand that it is not legally binding. However, both parties should still honor the agreement. There are many different synonyms for an informal agreement, including understanding, pact, accord, covenant, arrangement, and gentleman’s agreement.

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