nonbinding agreement

noun

law
: an agreement that cannot be enforced by law
We entered/signed a nonbinding agreement to buy our competitor.

Examples of nonbinding agreement in a Sentence

Recent Examples on the Web
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Along with the sale of NFL Network, the NFL and ESPN will have a second nonbinding agreement where the NFL will license to ESPN certain NFL content and other intellectual property that can be used by NFL Network and other assets that have been purchased. Joe Reedy, Baltimore Sun, 6 Aug. 2025 Under the nonbinding agreement announced on Tuesday night, ESPN will have the ability to bundle both the NFL Network and NFL RedZone to streaming service subscribers, Disney said on Wednesday. Zachary Folk, Forbes.com, 6 Aug. 2025 When Metro Council gave its final stamp of approval for the nonbinding agreement in April, that cost was roughly $30.6 million. Molly Davis, The Tennessean, 2 July 2025 The other six would be subject to Mr. Kennedy’s nonbinding agreement with manufacturers. Dani Blum, New York Times, 25 Apr. 2025 The nonbinding agreement includes a commitment among members to reduce greenhouse gas emissions, the primary cause of climate change, to avert warming beyond 1.5 degrees Celsius above the preindustrial average. Zack Budryk, The Hill, 20 Jan. 2025 Since 2020, the United States and 51 other countries have signed the Artemis Accords, a nonbinding agreement that outlined the norms expected in outer space. Zachary Small, New York Times, 15 Jan. 2025 Complete financial details of the nonbinding agreement are yet to be released. Mark R. Weaver, Newsweek, 3 Dec. 2024 The sale is part of a nonbinding agreement between the two companies that is anticipated to close during the first quarter of next year, GM said. Michael Wayland, CNBC, 2 Dec. 2024

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“Nonbinding agreement.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/nonbinding%20agreement. Accessed 20 Aug. 2025.

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