Handshake Agreement


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Handshake Agreement

An informal agreement in which major points are decided, but details may still need to be discussed. A handshake agreement is not finalized but indicates that the deal in question is likely to take place. A handshake agreement is often, but is not always, oral, rather than in writing.
References in periodicals archive ?
With that, Ferguson was advised that 1947 would be the last year of the handshake agreement.
Would you give a handshake agreement to Mr Warren and then go back on that promise?
Mr Bush originally said he preferred a handshake agreement to a treaty.
Mamet, who sources say has a handshake agreement with Jones to write and direct, is repped Howard Rosenstone at Rosenstone-Wender.
The deal cannot be officially signed until July 10 but the handshake agreement serves as huge sign that the Cavs are willing to invest into the future of its developing youngsters.
We've come to a handshake agreement," Seth Waugh, CEO of Deutsche Bank Americas, said Monday during Deutsche Bank Championship media day.
Our handshake agreement blew away like the west Texas wind he'd left for.
Says another intimate observer of the process, "He has made a sizable deposit, and they have a handshake agreement and are moving toward documentation.