A more thorough explanation:

Definition: Agreed dismissal refers to the termination of a legal action or claim with the consent of all parties involved. This can occur when the parties settle out of court, choose to have their dispute resolved through arbitration or mediation, or agree to dismiss the case for other reasons.

Example: In a lawsuit between two parties, one party may agree to drop the case if the other party agrees to pay a certain amount of money. This would be an example of an agreed dismissal.

Agreed dismissal is a way for parties to resolve their legal disputes without going through a full trial. It can save time and money for all parties involved.