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A tentative agreement is a provisional or preliminary agreement reached by two or more parties during negotiations. It remains subject to final approval, typically by higher authorities or the involved parties-between parties. Tentative agreements are common in various fields, including labour negotiations, business contracts, and legal settlements. They serve as a significant step in negotiations, indicating that the parties have reached a mutual understanding or consensus on certain terms but need further ratification before the agreement is legally binding or officially implemented.
By Deverout GrahamA tentative agreement is a provisional or preliminary agreement reached by two or more parties during negotiations. It remains subject to final approval, typically by higher authorities or the involved parties-between parties. Tentative agreements are common in various fields, including labour negotiations, business contracts, and legal settlements. They serve as a significant step in negotiations, indicating that the parties have reached a mutual understanding or consensus on certain terms but need further ratification before the agreement is legally binding or officially implemented.