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Gentlemen's agreement

   Also found in: Legal, Financial, Encyclopedia, Wikipedia, Hutchinson 0.06 sec.
gen·tle·man's agreement or gen·tle·men's agreement (jntl-mnz)
n.
An unwritten agreement guaranteed only by the pledged word or secret understanding of the participants.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.gentlemen's agreement - a personal agreement based on honor and not legally binding
agreement, understanding - the statement (oral or written) of an exchange of promises; "they had an agreement that they would not interfere in each other's business"; "there was an understanding between management and the workers"

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In fact, the SBA is so averse to having a 504 real estate loan used as speculation, Garcia made a gentlemen's agreement not to sell out.
He was caught in the middle of a firestorm of debate after the Infineon Raceway event in Sonoma, where Robby Gordon passed him under a caution flag and went on to win the race, thus breaking a gentlemen's agreement between drivers not to pass under yellow.
 
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