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
The City Council will vote on a nonbinding agreement between the two that outlines the next steps in the negotiations, at the April 1 meeting.
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Maritza Dominguez, The Arizona Republic, 25 Mar. 2024
The Capitals and Wizards could move to Virginia The owner of the Washington Wizards and Capitals has reached a nonbinding agreement to move the teams from downtown D.C. to a future arena in Northern Virginia as soon as 2028.
—Teo Armus, Washington Post, 24 Mar. 2024
The owner of the Washington Wizards and Capitals has reached a nonbinding agreement to move both teams from their home in downtown D.C. to a future arena in Northern Virginia.
—Teo Armus, Washington Post, 17 Feb. 2024
Why the deal, subject to a nonbinding agreement, was all becoming public now.
—Teo Armus, Washington Post, 28 Dec. 2023
Earlier this month, Virginia Gov. Glenn Youngkin (R) and Ted Leonsis, founder of Monumental Sports & Entertainment, parent company of the Caps and Wizards, announced a nonbinding agreement to move the teams to the Potomac Yard neighborhood in Alexandria by 2028.
—Tim Carman, Washington Post, 20 Dec. 2023
OpenAI signed a nonbinding agreement to buy $51 million worth of AI chips from Rain AI, a startup backed by OpenAI CEO Sam Altman.
—David Meyer, Fortune, 5 Dec. 2023
Some of the order builds on a previous nonbinding agreement that seven of the top U.S. tech companies developing AI agreed to in July, like hiring outside experts to probe their systems for weaknesses and sharing their critical findings.
—Kevin Collier, NBC News, 30 Oct. 2023
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Maritza Dominguez, The Arizona Republic, 25 Mar. 2024
The Capitals and Wizards could move to Virginia The owner of the Washington Wizards and Capitals has reached a nonbinding agreement to move the teams from downtown D.C. to a future arena in Northern Virginia as soon as 2028.
—Teo Armus, Washington Post, 24 Mar. 2024
The owner of the Washington Wizards and Capitals has reached a nonbinding agreement to move both teams from their home in downtown D.C. to a future arena in Northern Virginia.
—Teo Armus, Washington Post, 17 Feb. 2024
Why the deal, subject to a nonbinding agreement, was all becoming public now.
—Teo Armus, Washington Post, 28 Dec. 2023
Earlier this month, Virginia Gov. Glenn Youngkin (R) and Ted Leonsis, founder of Monumental Sports & Entertainment, parent company of the Caps and Wizards, announced a nonbinding agreement to move the teams to the Potomac Yard neighborhood in Alexandria by 2028.
—Tim Carman, Washington Post, 20 Dec. 2023
OpenAI signed a nonbinding agreement to buy $51 million worth of AI chips from Rain AI, a startup backed by OpenAI CEO Sam Altman.
—David Meyer, Fortune, 5 Dec. 2023
Some of the order builds on a previous nonbinding agreement that seven of the top U.S. tech companies developing AI agreed to in July, like hiring outside experts to probe their systems for weaknesses and sharing their critical findings.
—Kevin Collier, NBC News, 30 Oct. 2023
Dictionary Entries Near nonbinding agreement
Cite this Entry
“Nonbinding agreement.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/nonbinding%20agreement. Accessed 21 Nov. 2024.
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