Tacit Agreement
/ˈtæsɪt əˈɡriːmənt/
Definitions
- (n.) An agreement inferred from actions, conduct, or circumstances rather than explicit words.
The parties reached a tacit agreement by continuing business interactions despite no formal contract.
Forms
- tacit agreements
Related terms
See also
Commentary
Tacit agreements are recognized by courts based on behavior indicating mutual understanding, emphasizing the importance of context where explicit terms are absent.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.