These examples are automatically selected from different online sources of information to reflect the current use of the word “agreement.” The opinions expressed in the examples do not reflect the views of Merriam-Webster or its publishers. Send us comments. Note: Under common law, the agreement is a necessary part of a valid contract. Under the Single Code of Trade, paragraph 1-201 (3), the agreement is the good deal of the contracting parties, as they are explicitly presented by their language or implicitly by other circumstances (as transactions). Britannica.com: Encyclopedia Article regarding the agreement 2no Object Include in a formal and legally binding agreement. Average English agreement, borrowed from the Anglo-French agreement, approval, of the agreement “ask to approve” – 1A written or oral agreement, in particular an agreement on employment, sale or rent, which must be enforceable by law. 3 with catch or develop object (a disease or infectious agent) the middle English above the old French of the Latin contractus, taken from the contract – `pulled, dressed`, from the verb contrahere, by con-`together` – trahere `draw`.