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Term

agreement (legal)

Term
The coming together in accord of two minds on a given proposition. In law, a concord of understanding and intention between two or more parties with respect to the effect upon their relative rights and duties, of certain past or future facts or performances. The consent of two or more persons concerning respecting the transmission of some property, right, or benefits, with the view of contracting an obligation, a mutual obligation. (Source: WESTS)

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