👉 A fluid agreement, often seen in financial contexts, is a contractual arrangement where the terms of an agreement are flexible and adaptable to changing circumstances without requiring formal renegotiation. This type of agreement allows parties to adjust their obligations based on evolving market conditions, unforeseen events, or mutual changes in circumstances, ensuring that the agreement remains relevant and practical over time. For instance, in a supply chain contract, a fluid agreement might include clauses that allow for price adjustments based on fuel costs or changes in demand, thereby maintaining the integrity and efficiency of the business relationship despite external fluctuations.
