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meeting of the minds
(redirected from Mutual assent)

   Also found in: Wikipedia 0.04 sec.

meeting of the minds n. when two parties to an agreement (contract) both have the same understanding of the terms of the agreement. Such mutual comprehension is essential to a valid contract. It is provable by the express provisions of a written contract, without reference to any statements or hidden thoughts outside the writing. There would not be a meeting of the minds if Bill Buyer said, "I'll buy all your stock," and he meant shares in a corporation, and Sam Seller said, "I'll sell all my stock to you," and meant his cattle. (See: contract)


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Tax settlements are governed by general principles of contract law; the formation of a contract requires mutual assent to essential terms; Linear Tech.
``I believe (the judge) said he found there to be collusion and mutual assent, that there were at least three people involved in the act,'' said Newton's attorney, Denise McLaughlin-Bennett.
An "agreement" is not limited to individually negotiated contracts, but may also refer generally to a manifestation of mutual assent on the part of two or more persons.
 
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