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Meaning of verbal agreement
A verbal agreement refers to an agreement or understanding made through spoken words, without being written down.
Etymology of verbal agreement
The term "verbal agreement" originated from the Latin words "verbum," meaning word, and "agreement" from the Old French "agreement," meaning a mutual understanding or arrangement
Historically, verbal agreements were common in business and social transactions, where a handshake or a spoken promise was considered sufficient to seal a deal
Synonyms
oral agreement
verbal contract
spoken agreement
unwritten agreement
implicit agreement
unspoken agreement
tacit agreement
mutual understanding
gentlemen's agreement
informal agreement
verbal pact
promise
commitment
understanding
accord
arrangement
deal
settlement
negotiation
bargain
compromise
pact
covenant
concord
consensus
contract
agreement in principle
Definitions
- An agreement or understanding made through spoken words, without being written down
- A mutual understanding or arrangement between two or more parties, based on their conversation or discussion
Usage Examples
- The two parties reached a verbal agreement on the price of the house, but they still needed to sign a written contract
- The company and the supplier had a verbal agreement to deliver the goods within a week, but the details were not specified in writing
- The friends made a verbal agreement to meet up for dinner the following night, but they didn't confirm the time or location
Antonyms
written agreement
formal contract
binding contract
legal agreement
explicit agreement
formal understanding
written contract
signed agreement
formal pact
explicit pact
written pact
legally binding agreement
formal arrangement
explicit arrangement