agreement in principle
Conditional preliminary accord
An agreement in principle is a preliminary understanding on major terms before finalizing details.
The parties have reached consensus on the essential points but haven't yet worked out specifics or signed binding documents: We have an agreement in principle, but the lawyers still need to draft the contract.
Common in business negotiations, diplomacy, and real estate transactions.
- letter of intentPreliminary agreement expressing commitment
- nodBrief head tilt
- meeting of mindsMutual intellectual agreement
- dealAgreement or distribution
- memorandum of understandingPreliminary accord document
handshake · verbal commitment · understanding · common ground · pact · good faith · contract · resolution · terms · accord · in good faith · unity · settlement · consensus · broad strokes · legal obligation · binding promise · term sheet
- preliminary agreementsletter of intent, memorandum of understanding, term sheet, MOU
agreement in principledisagreement
Absence of shared opinion
discord · impasse · dissension · deadlock · strife
agreement, principle, agree, agreements, principles, principled, agreed, agreeing, agrees