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
Some of the order builds on a previous nonbinding agreement that seven of the top U.S. tech companies developing AI agreed to in July, like hiring outside experts to probe their systems for weaknesses and sharing their critical findings.
—
Kevin Collier, NBC News, 30 Oct. 2023
Kevin Collier, NBC News, 30 Oct. 2023
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'nonbinding agreement.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Dictionary Entries Near nonbinding agreement
Cite this Entry
“Nonbinding agreement.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/nonbinding%20agreement. Accessed 7 Dec. 2023.
Copy CitationLove words? Need even more definitions?
Merriam-Webster unabridged
Share