TACIT AGREEMENTS Meaning and
Definition
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Tacit agreements are implicit or unspoken understandings between two or more parties. They are not formal agreements that are put into writing or verbally expressed, but rather are derived from the actions, behaviors, and circumstances surrounding a particular situation. Tacit agreements are based on the assumption that both parties have reached a mutual understanding regarding certain terms, conditions, or obligations without explicitly stating them.
These agreements can arise in various contexts, such as in personal relationships, business dealings, or social interactions. They often occur when two parties have had prior interactions or experiences together, which have created a shared understanding of expectations and norms. Tacit agreements rely on nonverbal communication, implied intentions, and common understanding to function.
While tacit agreements are not legally binding in the same way as formal agreements, they can still have significant impacts. Violating a tacit agreement can lead to a breakdown in trust and cause misunderstandings or conflicts between the parties involved.
It is important to note that tacit agreements can be subjective and open to interpretation, as they are not explicitly defined or documented. Therefore, it is always advisable to clarify expectations and communicate openly to avoid any potential misunderstandings or disputes that may arise from relying solely on tacit agreements.
Common Misspellings for TACIT AGREEMENTS
- racit agreements
- facit agreements
- gacit agreements
- yacit agreements
- 6acit agreements
- 5acit agreements
- tzcit agreements
- tscit agreements
- twcit agreements
- tqcit agreements
- taxit agreements
- tavit agreements
- tafit agreements
- tadit agreements
- tacut agreements
- tacjt agreements
- tackt agreements
- tacot agreements
- tac9t agreements
- tac8t agreements
Etymology of TACIT AGREEMENTS
The term "tacit agreements" consists of two components: "tacit" and "agreements".
1. "Tacit" comes from the Latin word "tacitus", which means "unspoken" or "silent". It is derived from the verb "tacere", meaning "to be silent". The term "tacit" is used to describe something implied or understood without being directly expressed or stated.
2. "Agreements" originates from the Latin word "agreementum", which is derived from the verb "agreementare", meaning "to come to a mutual understanding". It refers to a mutual understanding or arrangement between two or more parties.
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