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Legal Definitions - agreamentum
Definition of agreamentum
Agreamentum refers to a fundamental legal concept meaning an agreement or a meeting of the minds.
It signifies a mutual understanding and consent between two or more parties regarding specific terms, conditions, or actions. This mutual assent is a crucial element for the formation of many legal relationships, including contracts.
- Example 1: Business Contract
A software development company and a client discuss and mutually decide on the scope of work, project timeline, and payment structure for creating a new mobile application. Their shared understanding and consent to these specific terms constitute an agreamentum, which will then typically be formalized into a written contract.
- Example 2: Informal Arrangement
Two neighbors, Mr. Smith and Ms. Jones, have a conversation and agree that they will jointly share the cost and responsibility for maintaining the shared fence between their properties. This verbal understanding and mutual commitment to a course of action represents an agreamentum between them.
- Example 3: Legal Settlement
During a mediation session for a civil lawsuit, the plaintiff and defendant, after negotiation, come to a consensus on a specific monetary amount and other conditions to resolve their dispute out of court. This mutual decision to settle on particular terms is their agreamentum, which will then be documented in a settlement agreement.
Simple Definition
Agreamentum is a Law Latin term meaning "agreement." It refers to a mutual understanding or accord reached between two or more parties.