Definition, Meaning & Synonyms

mutual-agreement

noun
/ˈmjuːtʃuəl əˈɡriːmənt/
Definition
A mutual-agreement is a shared understanding or arrangement between two or more parties, where all involved consent to the terms set forth.
Examples
  • The two companies reached a mutual agreement to collaborate on new projects.
  • Before signing the contract, both parties ensured there was a mutual agreement on the terms of service.
  • We discussed the proposal thoroughly until we came to a mutual agreement that satisfied everyone.
Meaning
An agreement that is made by two or more parties where the terms are agreed upon equally and acknowledged by all involved.
Synonyms
  • joint agreement
  • consensus
  • reciprocal arrangement
  • collaborative decision
  • shared understanding