| gen. |
meeting of the minds (• assent by contracting parties to an agreement established as understood by both in the same sense as to terms, conditions, and subject matter. WTNI. Meeting of the minds (also referred to as mutual agreement, mutual assent or consensus ad idem) is a phrase in contract law used to describe the intentions of the parties forming the contract. In particular it refers to the situation where there is a common understanding in the formation of the contract. This condition or element is often considered a necessary requirement to the formation of a contract. WK Alexander Demidov) |
