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Business Definition for: agreement

Dictionary of Business Terms

agreement

mutual assent between two or more legally competent parties , ordinarily leading to a contract . It includes executed sales , gifts , and other transfers of property as well as promises without legal obligation.

Dictionary of Banking Terms

agreement

language defining the terms and conditions of a legally binding contract between two parties, such as an extension of credit , or a loan secured by collateral . Examples include a deposit agreement as specified by an account signature card , lease agreement, loan agreement, and credit card agreement.

Dictionary of Insurance Terms

agreement

See also insuring agreement

Copyright © 2007, 2000, 1997, 1987, by Barron's Educational Series, Inc. Reprinted by arrangement with Publisher.
Copyright c 2006, 2000, 1997, 1993, 1990 by Barron's Educational Series, Inc. Reprinted by arrangement with Publisher.
Copyright © 2000, 1995, 1991, 1987 by Barron's Educational Series, Inc. Reprinted by arrangement with Publisher.

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