Gentlemen's Agreement

A gentlemen's agreement is an informal agreement between two or more parties. It is typically oral, though may be written, or simply understood as part of an unspoken agreement by convention or through mutually beneficial etiquette. The essence of a gentlemen's agreement is that it relies upon the honor of the parties for its fulfillment, rather than being in any way enforceable. It is, therefore, distinct from a legal agreement or contract, which can be enforced if necessary.

Read more about Gentlemen's Agreement:  History, Gentlemen's Bet

Famous quotes containing the words gentlemen and/or agreement:

    ““Faith” is a fine invention
    When Gentlemen can see—
    But Microscopes are prudent
    In an Emergency.”
    —Emily Dickinson (1830–1886)

    “The methodological advice to interpret in a way that optimizes agreement should not be conceived as resting on a charitable assumption about human intelligence that might turn out to be false. If we cannot find a way to interpret the utterances and other behaviour of a creature as revealing a set of beliefs largely consistent and true by our standards, we have no reason to count that creature as rational, as having beliefs, or as saying anything.”
    —Donald Davidson (b. 1917)