working agreement

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working agreement

The two companies signed a working agreement to develop the new software.

Definition

Noun: An informal, often unwritten, understanding or arrangement between parties to cooperate or collaborate on a specific task, project, or goal. It is typically based on mutual trust and practical needs rather than a formal, legally binding contract.

Examples
  • The two departments reached a working agreement to share resources during the busy season.
  • Their partnership is governed by a simple working agreement rather than a lengthy contract.
  • We have a working agreement that I handle client meetings while she manages the reports.
Advanced Usage
  • "to have a working agreement with someone": To operate under such an informal cooperative understanding.
    • The two research teams have a working agreement to exchange data.
  • "to come to a working agreement": To arrive at or establish this type of informal arrangement.
    • After much discussion, the neighbors came to a working agreement about the fence line.
Variants and Related Words
  • Gentlemen's agreement (noun): A similar informal agreement, often based on honor, without legal force. (This is a specific, related type of informal pact).
  • Understanding (noun): A general state of comprehension or a private, informal agreement.
  • Arrangement (noun): A plan or preparation for a future event, which can be formal or informal.
Synonyms
  • Informal pact
  • Tacit agreement
  • Mutual understanding
  • Practical arrangement
Antonyms
  • Formal contract
  • Binding agreement
  • Legal treaty
  • Written covenant
Related Phrases
  • "To work under an agreement": To operate according to the terms of any agreement, formal or informal.
    • The consultants are working under an agreement not to disclose confidential information.
  • "An agreement in principle": A preliminary agreement on the fundamental terms, which is also often not legally binding.
    • They have an agreement in principle to merge, but the details are still being negotiated.
working agreement

The two companies signed a working agreement to develop the new software.

Noun
  1. an informal agreement to work together