Dictionary
un•der•stood
Pronunciation: (un"dur-stood'), [key]—
v.
pt. and pp. of
understand.
—
adj.
1. agreed upon; known in advance; assented to:
It is the understood policy of this establishment to limit credit.
2. implied but not stated; left unexpressed:
The understood meaning of a danger sign is “Do not approach.” Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.