term:

Meeting Of The Minds

meeting of the minds

:assent to the mutually agreed upon and understood terms of an agreement by the parties to a contract that may be manifest by objective signs of intent (as conduct) [the parties had not reached a meeting of the minds, and they did not have a specifically enforceable agreement "Franklin v. Stern, 858 P.2d 142 (1993) (dissent)"]

Source: Merriam-Webster's Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.