In the law of con-tracts. This is a loose and ambiguous term, unless it be accompanied by some expression to show that it constituted a meeting of the minds of pnrties upon something re-specting which they intended to be bound. Camp v. waring, 25 Conn. 529. But it may denote an informal agreement, or a concurrence as to Its terms. See Barkow v. Saug-er, 47 wis. 507, 3 N. W. 16
Source: Black's Law Dictionary 2nd Ed (1910)