Meaning & use

draft agreement

noun·Academicformal

Last updated

UK/ˌdrɑːft əˈɡriːmənt/
US/ˌdræft əˈɡriːmənt/

Meanings

  1. nouncountablebusiness

    An early written version of a contract or deal that the parties are still discussing and may change before they sign it.

    Grammar: Countable: a draft agreement, the draft agreements.

    Patterns

    • a draft agreement between someone and someone

    The lawyers sent a draft agreement to both companies for review.

    Our landlord has shared a draft agreement for the new lease.

    Several clauses in the draft agreement were rewritten after the meeting.

  2. nouncountable

    In politics and diplomacy, a proposed text of a treaty or accord that negotiators have prepared but governments have not yet approved.

    Grammar: Often followed by on: a draft agreement on trade.

    Patterns

    • a draft agreement on something

    Negotiators released a draft agreement on carbon emissions.

    The draft agreement still needs approval from parliament.

Word forms

pluraldraft agreements

Common combinations

circulate a draft agreement
The committee will circulate a draft agreement before Friday.
review the draft agreement
Please review the draft agreement and send your comments.
a preliminary draft agreement
A preliminary draft agreement was ready by the end of the week.
sign the draft agreement
Neither side was willing to sign the draft agreement yet.

Synonyms and how they differ

proposal
A proposal is an idea offered for consideration and may not yet be written as a full contract, while a draft agreement already has contract wording.
term sheet
A term sheet only lists main conditions, while a draft agreement is a fuller, clause-by-clause text.
working paper
A working paper is an internal discussion document, whereas a draft agreement is meant to be shared with the other party.

Opposites

final agreementsigned contract

Word family

draft verb
to write a first version of a text
drafting noun
the act of writing legal or formal text
agree verb
to have the same opinion or reach a deal
agreement noun
a deal or understanding between parties

Commonly confused: draft agreement or draught agreement?

draft agreement vs draught agreement

Draught is a British spelling for air flow and drinks; it is never used for a written draft.

Practice

The two firms have not signed anything yet; they are still negotiating a ___ that their lawyers prepared.

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