When it comes to legal terms, it`s easy for people to become confounded with words that seem interchangeable. Two of those words are « agreement » and « ratify. » While they may seem similar, they actually have different meanings. In this article, we`ll explore the difference between these two words.
Agreement
An agreement is a mutual understanding between two or more parties. It`s a verbal or written contract that outlines the terms and conditions of a deal. An agreement is created through negotiations and discussions between the parties involved.
For instance, two friends might come to an agreement about sharing an apartment. They would discuss the terms of the lease, their respective responsibilities, and other important details. Once they have reached a mutual understanding, they would sign an agreement that outlines those details.
Ratification
Ratification, on the other hand, is the process of formally approving and sanctioning something. It`s an official recognition of a decision or agreement that was made by a representative or governing body. Ratification is often used in a legal or diplomatic context.
For example, if two countries negotiate a treaty, they would draft an agreement with the terms and conditions of the treaty. Once both countries sign it, they would then ratify it. The ratification process would involve the countries` respective governing bodies, such as the legislative branch, approving the treaty.
The Difference
The difference between agreement and ratification is that an agreement is an understanding that is reached between two or more parties, while ratification is the official recognition and approval of that agreement. An agreement can be made verbally or in writing, while ratification is always done in a formal and official capacity.
In Conclusion
It`s important to understand the difference between agreement and ratification, especially if you`re involved in negotiations or legal processes. While the words may seem similar, they have different meanings and implications. An agreement is an understanding, while ratification is the official recognition and sanctioning of that agreement. So, the next time you`re involved in a legal or diplomatic discussion, be sure to use the right terminology!
