meeting of the minds


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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)

meeting of the minds

noun accordance, common assent, compatibility, complete accord, compliance, concert, concord, concordance, concurrence, consensus, consentaneity, harmony, muuual understanding, rapport, unanimity, understanding, uniformity, unison, unity
Associated concepts: bilateral contract, rescission of an agreement
See also: agreement
References in periodicals archive ?
2, Toyota leaders will join 350 of the world's greatest thinkers at the Meeting of the Minds 2014 summit to explore this urban transformation and ways of harnessing the power of technology.
This year's ADP Meeting of the Minds conference will take place at Wynn Las Vegas in Las Vegas, Nevada, March 17-20, 2013 and will feature a special keynote address from business magnate Steve Wynn, chairman and chief executive officer of Wynn Resorts, Limited.
Gordon Feller, director, urban innovations, Cisco Internet Business Solutions Group; co-founder and convenor of Meeting of the Minds
In a recent case, the court held that agreement on price, together with agreement on the cash component of the price, the specifics of a second mortgage and payment of the broker's commission by the buyer was sufficient to constitute a meeting of the minds.
Each year, RedPrairie hosts a meeting of the minds with business leaders from the world's most successful companies to push the envelope of strategy and technology in retail and supply chain management.
A Meeting of the Minds, The Dementia Conference" is presented by the Alzheimer's Association and Mayo Clinic to provide support and skills to those dealing with the disease.
MORNING AFTER THE MIDNIGHT HAND-OFF of footy greeted by a post-dawn meeting of the minds in a clandestine bunker by a classic car storage facility for the purpose of determining which van would drive away with the coveted statue of a van?
March 31, 2014 /PRNewswire/ -- ADP, a leading global provider of Human Capital Management (HCM) solutions, today announced that more than 1,000 HR and payroll professionals will attend the company's ADP Meeting of the Minds conference next week in Orlando, Fla.
They investigated several alternatives in Westport and Fairfield before coming to a meeting of the minds with ownership at 777 Commerce Drive, who offered a repositioned building, abundant parking and competitive lease terms in a strategic location close to the proposed new Fairfield train station.
The palm trees and beaches of Honolulu may have been the big draw for some, but there was serious work to be done at The Campus of the Future: A Meeting of the Minds conference.
DOHA, Qatar -- In a panel session entitled, A Meeting of the Minds, Forbes magazine's Editor-in-Chief, Steve Forbes, will discuss the Middle East and the Global Economy with Peter Mandelson, Commissioner for External Trade, European Commission; Abdul-Kareem Al-Eryani, Former Prime Minister, Yemen; and Lord Jacob Rothchild, Chairman, RIT Capital Partners plc, in one of many timely debates and sessions throughout the three-day Forbes CEO Middle East Forum.
Launched in London in 2013 under the direction of the London Business Conferences Group, AMPA is the foremost meeting of the minds in areas of 3D printing and additive manufacturing for industrial applications.

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