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A.Word.A.Daywith Anu Garg
noun: An agreement that's based on honor and not legally binding.
From the idea that a gentleman (a civilized man of good standing) will honor an agreement he has entered. Earliest documented use: 1886.
"Since the Iran-Iraq war, the two countries have had a gentlemen's agreement to maintain similar quotas within OPEC."
Carola Hoyos; Seismic Shock As Demand Shifts East; The Financial Times (London, UK); Mar 29, 2010.
See more usage examples of gentlemen's agreement in Vocabulary.com's dictionary.
A THOUGHT FOR TODAY:It is unwise to be too sure of one's own wisdom. It is healthy to be reminded that the strongest might weaken and the wisest might err. -Mohandas K. Gandhi (1869-1948)