By Preliminary Agreement

By Preliminary Agreement: What It Means and How to Use It

As a copy editor, you may come across the phrase “by preliminary agreement” in legal documents or other business-related materials. This phrase is often used to indicate that something has been agreed upon in a preliminary or initial agreement, but that a final agreement has not yet been reached.

What Does “By Preliminary Agreement” Mean?

When two parties come together to negotiate a business deal, they often reach a preliminary agreement on certain terms and conditions. This preliminary agreement is a temporary agreement, serving as a stepping stone towards a final agreement that is binding.

By using the phrase “by preliminary agreement,” the parties involved in the negotiations are acknowledging that they have come to a temporary understanding on certain aspects of the deal. It may mean that they have agreed on a price, a timeline, or any other key terms that are important to the agreement.

However, it also indicates that these terms are not yet final and that further negotiations are required before a binding agreement can be made. This is an important distinction because it means that either party can still walk away from the deal if they cannot reach a final agreement.

How to Use “By Preliminary Agreement” in Your Writing

If you are writing about a business deal or legal document that uses the phrase “by preliminary agreement,” there are a few things you should keep in mind. Here are some tips to help you use this phrase correctly:

1. Be Clear and Concise: When using legal jargon such as “by preliminary agreement,” it`s important to be clear and concise in your writing. Make sure your readers understand what this phrase means and how it impacts the agreement.

2. Use Proper Punctuation: When using the phrase “by preliminary agreement,” it should be set off by commas to show that it is a parenthetical phrase. For instance, “The parties have agreed, by preliminary agreement, to the terms outlined in the proposal.”

3. Emphasize the Importance of Final Agreement: Make sure your readers understand that a preliminary agreement is not a final agreement, and that further negotiations are required to reach a binding contract.

In conclusion, “by preliminary agreement” is a useful phrase to indicate that something has been agreed upon in a temporary capacity. As a copy editor, it`s important to understand the meaning and proper usage of this phrase to ensure accuracy in your writing and help your readers understand the nuances of legal language.