Consensus ad idem

A Latin term meaning “agreement as to the same thing,” which refers to the mutual agreement of parties involved in a contract or legal arrangement to the same terms and conditions. This principle is crucial in contract law, as it ensures that all parties share a common understanding of the terms, which forms the basis of the contract’s enforceability. Without consensus ad idem, a contract may be deemed void or unenforceable, as it indicates a lack of agreement on fundamental aspects of the contract.