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Agreement Definition

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Other Agreement Definition

[n] compatibility of observations; "there was no agreement between theory and measurement"; "the results of two tests were in correspondence"
[n] the thing arranged or agreed to; "they made arrangements to meet in Chicago"
[n] the statement (oral or written) of an exchange of promises; "they had an agreement that they would not interfere in each other's business"; "there was an understanding between management and the workers"
[n] the verbal act of agreeing
[n] the determination of grammatical inflection on the basis of word relations
[n] harmony of people's opinions or actions or characters; "the two parties were in agreement"

Misc. Definitions

\A*gree"ment\, n. [Cf. F. agr['e]ment.]
1. State of agreeing; harmony of opinion, statement, action, or character; concurrence; concord; conformity; as, a good agreement subsists among the members of the council. What agreement hath the temple of God with idols ? --2 Cor. vi. 1
6. Expansion and duration have this further agreement. --Locke.
2. (Gram.) Concord or correspondence of one word with another in gender, number, case, or person.
3. (Law) (a) A concurrence in an engagement that something shall be done or omitted; an exchange of promises; mutual understanding, arrangement, or stipulation; a contract. (b) The language, oral or written, embodying reciprocal promises. --Abbott. Brande & C. Syn: Bargain; contract; compact; stipulation.
\Hire purchase agreement\, or Hire and purchase
\Hire and purchase agreement\ (Law) A contract (more fully called contract of hire with an option of purchase) in which a person hires goods for a specified period and at a fixed rent, with the added condition that if he shall retain the goods for the full period and pay all the installments of rent as they become due the contract shall determine and the title vest absolutely in him, and that if he chooses he may at any time during the term surrender the goods and be quit of any liability for future installments upon the contract. In the United States such a contract is generally treated as a conditional sale, and the term hire purchase is also sometimes applied to a contract in which the hirer is not free to avoid future liability by surrender of the goods. In England, however, if the hirer does not have this right the contract is a sale.

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