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Gentleman's Agreement

   Also found in: Dictionary/thesaurus, Legal, Encyclopedia, Wikipedia, Hutchinson 0.07 sec.
Gentleman's Agreement
An unwritten agreement or transaction backed only by the integrity of the counterparty to actually abide by the terms of the agreement. An agreement like this is not legally binding and could have a negative effect on business relationships if one party decides to default on their promise.

Notes:
For example, if an employee at a company says they will get you a job and you have nothing to worry about, this is an example of a gentleman's agreement. However if they are unable to get you the job then you have no legal recourse.


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He had also established himself as one of the hottest Hollywood directors with A Tree Grows in Brooklyn, Gentleman's Agreement, and the film version of A Streetcar Named Desire.
That gentleman's agreement, as Frank Roginski at AGCO calls it, worked fine for years, but it was time for a more organized, formal approach.
49 Dodge for BAM Racing, agrees with Spencer that the days of the gentleman's agreement between drivers have passed their time.
 
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