Agreement in principle
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Definition of the noun Agreement in principle
What does Agreement in principle mean as a name of something?
- [idiomatic, legal] A legally enforceable, but incompletely specified, agreement between parties that identifies the fundamental terms that are intended to be or are agreed upon.
Agreement in principle: In law, an agreement in principle is a stepping stone to a contract. Such agreements with regard to the principle are usually considered fair and equitable. Even if not all details are known, an agreement in principle may, for example, outline a schedule of royalties.
Printed dictionaries and other books with definitions for Agreement in principle
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Diplomat's Dictionary (1994)
by Charles W. Freeman, Jr.
Principle, agreement in: "Agreement in principle may mean disagreement in practice." Thomas A. Bailey Principle, agreement in: "Principles are fine; they entail no commitment." Napoleon Principles: "A people that values privilege above its ...
Encyclopedia of the Arctic (2012)
by Mark Nuttall
LIA has been advancing the land rights and selfgovernment claims of the Labrador Inuit since 1975, and signed an agreement in principle for the settlement of Labrador Inuit land claims and the recognition of Inuit self- government with the ...
by Robert Hartwell Fiske
said it has entered into an agreement in principle to acquire the assets ofJ.A. Finn Inc. Courier Dispatch Group Inc. said it has agreed in principle to acquire the assets ofJ.A. Finn Inc. • The department may enter into ...
by Francis J. Turner
general agreement in principle that, within the broad scope of professional social work activities, broad methods can be discerned to differ on the basis of client target, techniques and strategies, and requisite bodies of knowledge: individual, ...
by Robert W. Kolb
A key element is for the parties to find agreement in principle, for example, that a dealer is entitled to a fair profit or a customer should not pay more for a used car than the blue book value. Thus, parties may agree on, say, the principle of ...
The Definitive Encyclopedia and Document Collection by Spencer C. Tucker
agreement in principle by all parties to renounce them utterly. The justification of such an agreement is to be found in the enormous benefits which a reduction of armaments will bring, and also in the fact that the prolongation of this ...
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Video about Agreement in principle
Agreement in principle Meaning
Video shows what agreement in principle means. A legally enforceable, but incompletely specified, agreement between parties that identifies the fundamental ...
Quotes about Agreement in principle
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