In many cases, the end result may be higher costs or poor quality products for consumers. Worse still, a gentlemen`s agreement can be used as a means of promoting discriminatory practices, such as in an “Old Boy`s” network. These examples are automatically chosen from different online message sources to reflect the current use of the word “gentleman`s Agreement”. The opinions expressed in the examples do not give the opinion of Merriam-Webster or its publishers. Send us feedback. Some types of agreements, such as employment contracts, must be defined in writing and therefore cannot be informal. A gentlemen`s agreement is easy to make and costs nothing. .