Agreement
From USM Wiki
| Preferred Term | Agreement |
|---|---|
| Definition | An arrangement between parties that is confirmed by these parties. |
| Acronym | |
| Explanation | An agreement may be a written statement that is signed by the involved parties, but it may also be a verbal arrangement, or even an implicit arrangement that is based on experiences from the past and that is acknowledged by the involved parties. An agreement requires a minimum of two involved parties. In service delivery, these two parties are the service provider and the customer. A contract is an agreement with legal and financial implications. Contracts are common between independent organizations. Internal service providers and their internal customers only have agreements, not contracts. |
| Alternative Term (Synonym) | Contract |
| Category | |
|---|---|
| Section | |
| Status | |
| Modification Date | 2024-09-13 19:43:21 |
| Modification Note | |
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