mutual agreement

Definition |

(50)

The consent of all parties; consent of all parties to the provisions of a contract. Voluntary cancellation of a contract is referred to as mutual rescission.

Use mutual agreement in a sentence

You should always try to make sure you come to a mutual agreement so that both parties are happy with the deal.

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We had a mutual agreement and everything was cool between us and that made me happy to know, because there were disagreements in the past.

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There was mutual agreement between the company that produced the office equipment and the firm that purchased it that they were unable to continue to produce the desks that the client required.

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reciprocity debt cancellation