Outrageously Funny Word Dictionary :: Preagreeing

👉 Preagreement is a concept in business and law that refers to a situation where two or more parties agree on certain terms without any formal negotiations or discussions. In this context, "preagreement" means that there has been no actual discussion or negotiation of the agreement, but rather an understanding or agreement between the parties involved. For example, if two companies have agreed to form a joint venture, they may not need to go through a formal negotiation process and instead agree on terms as soon as possible

preagreeing