nonbinding agreement

noun

law
: an agreement that cannot be enforced by law
We entered/signed a nonbinding agreement to buy our competitor.

Examples of nonbinding agreement in a Sentence

Recent Examples on the Web
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The nonbinding agreement reached between the NFL and ESPN last week makes streaming even more complex. Addy Bink, The Hill, 16 Aug. 2025 With potential votes on a stadium deal looming and state funding in limbo, Hillsborough County on Thursday released a nonbinding agreement between the Rays, the county and the city of Tampa. Nina Moske, The Orlando Sentinel, 14 May 2026 The two companies have signed a nonbinding agreement for Sony’s home entertainment business, with TCL set to hold a 51 percent stake in the new venture and Sony holding 49 percent. Jess Weatherbed, The Verge, 20 Jan. 2026 As of late 2024, nearly 60 countries have signed on to this nonbinding agreement, which outlines a normative framework for the development and deployment of AI in military systems. Charlie Campbell, Time, 10 Mar. 2026 See All Example Sentences for nonbinding agreement

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Cite this Entry

“Nonbinding agreement.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/nonbinding%20agreement. Accessed 7 Jul. 2026.

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