Gentlemen's agreement
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A gentlemen's agreement, or gentleman's agreement, is an informal and legally non-binding agreement between two or more parties. It is typically oral, but it may be written or simply understood as par
Gentlemen's agreements are often verbal and solidified by a handshake.
Memorandum of understanding
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A memorandum of understanding is a type of agreement between two or more parties. It expresses a convergence of will between the parties, indicating an intended common line of action. It is often used
Gentlemen's agreement
…any way enforceable. It is distinct from a legal agreement or contract. A more formal (but still non-binding) form of the gentlemen's agreement is the memorandum of understanding. The phrase appears in the British parliamentary records in 1821 and in the Massachusetts public records in 1835. The Oxford English Dictionary cites…
20 January 2026 – House of Switzerland at the World Economic Forum (WEF) Annual Meeting in Davos: Jasem Mohamed Albudaiwi, Secretary General of the Gulf Cooperation Council (GCC), and Federal Councillor Ignazio Cassis sign a Memorandum of Understanding (MoU) to establish a strategic dialogue between the GCC and the Swiss Confederation.