What does AIP mean in Law & Legal?

This page is about the meanings of the acronym/abbreviation/shorthand AIP in the Community field in general and in the Law & Legal terminology in particular.

Agreement In Principle

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What does AIP mean?

agreement in principle(Noun)
A legally enforceable, but incompletely specified, agreement between parties that identifies the fundamental terms that are intended to be or are agreed upon.

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"AIP." Abbreviations.com. STANDS4 LLC, 2015. Web. 27 Nov. 2015. <http://www.abbreviations.com/term/164545>.