Oral Agreement Synonyms: Exploring Terms Used to Describe Non-Written Contracts
An oral agreement, also known as a verbal agreement, is a type of contract that is agreed upon verbally rather than in writing. It can be made between two or more parties and can cover a variety of subject matters, such as business deals, personal arrangements, and even legal matters.
While oral agreements are legally binding in many jurisdictions, they can be difficult to enforce and prove in court. This has led to the development of various synonyms for oral agreement, which describe this type of non-written contract in different ways.
Here are some of the most common synonyms for oral agreement:
1. Verbal Agreement: This is perhaps the most commonly used synonym for oral agreement. It refers to an agreement that is made solely through spoken words, without any written documentation.
2. Handshake Agreement: This term refers to an agreement that is made through a handshake, which is often seen as a sign of mutual trust and respect. While it is not legally binding in itself, a handshake agreement can be used as evidence in court to support an oral agreement.
3. Gentlemen`s Agreement: This term refers to an informal agreement between two parties that is based on trust and goodwill, rather than on a legal obligation. Gentlemen`s agreements are often used in business dealings and can be difficult to enforce in court.
4. Oral Contract: This term is used to describe a legally binding agreement that is made verbally rather than in writing. While oral contracts are generally enforceable in court, they can be difficult to prove without a written record.
5. Verbal Contract: This term is similar to oral contract and is often used interchangeably. It refers to a contract that is agreed upon verbally rather than in writing.
6. Unwritten Agreement: This term refers to an agreement that is not recorded in writing but is still legally binding. Unwritten agreements can be tricky to enforce in court, as there is no written record of the terms and conditions.
7. Non-Written Contract: This term refers to a contract that is not documented in writing but is still legally binding. Non-written contracts can be difficult to enforce in court, as there is no written record of the agreement.
In conclusion, oral agreement synonyms are terms used to describe non-written contracts that are agreed upon verbally. Each synonym has its nuances and implications, and it is important to understand the differences between them to avoid confusion. While oral agreements are legally binding in many jurisdictions, they can be difficult to enforce and prove in court. As such, it is always advisable to put important agreements in writing to avoid any misunderstandings or disputes.