The agreement
Example: Agreement defines financial terms between parties in a transaction
Definition
The agreement is a legally binding document that outlines the financial terms and conditions negotiated and accepted by parties involved in a transaction, ensuring mutual understanding and obligations are clearly established.
Etymology
The word "agreement" comes from the Old French word 'agreer,' meaning to please or agree, which in turn originates from the Latin 'ad-' meaning 'to' and 'gratus' meaning 'pleasing.' Did you know? The term originally implied a meeting of minds that was pleasing to all involved.
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"The agreement" appears in the Vocaplus list "English - Finance - (A1-C2) - set 1", containing 150 commonly used words.
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