What is The Definition of Gentlemen's Agreements?
A gentleman's contract is an informal, usually unwritten, contract or transaction supported by the integrity of the other party who abides by its terms. These agreements are usually informal, made orally and are not legally binding.
- Relaxation agreements are informal, unwritten agreements between the two parties to enter into transactions or other obligations.
- The agreement is not legally binding, but supports integrity, social norms and peer pressure on those involved and their social networks.
- Despite their informal status, men's trade has been commonplace in business and commerce for centuries.
Literal Meanings of Gentlemen's Agreements
Meanings of Gentlemen:
A gentleman, polite or respectable.
A polite or formal way of relating to a man.
Sentences of Gentlemen
He behaves like a perfect man
An old man is reading in front of him
Meanings of S:
Article (one part)
Son (in lineage) (Languages)
The position of electrons and orbits with zero angular velocity and perfect balance.
Distance (in mathematical formulas).
The 19th letter of the alphabet
Like a capital s.
(Especially in Catholic usage)
Small (such as clothing size).