draft agreement

Tentative deal document

A draft agreement is a preliminary version of a contract or formal arrangement, circulated for review before finalization.

Parties negotiate changes to the draft until reaching terms acceptable to all: The lawyers exchanged several draft agreements before the merger closed.

The word draft signals the document isn't yet binding.

Related

good faith · in principle · terms · clause · revision · unsigned · pending · outline · tentative · sketch · working · template · legal · binding · framework · memo · conditions · parties

Categories
Opposites
finality/completion status

draft agreementbinding agreement

Enforceable mutual commitment

binding contract · final version · done deal · clean copy

document existence/progress

draft agreementhandshake deal

Unwritten mutual commitment

Family

draft, agreement, drafts, drafted, drafting, draftee, drafter, drafty, agree

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Used worldwide · Timeless · Everyday, not technical · Rated G