marital agreement.An agreement between spouses or two people engaged to be married concerning the division and ownership of marital property during marriage or upon dissolution by death or divorce; esp. a premarital contract or separation agreement primarily concerned with dividing marital property in the event of divorce. — Also termed marriage settlement; property settlement. See PRENUPTIAL AGREEMENT; POSTNUPTIAL AGREEMENT. [Cases: Husband and Wife 29, 277.]

[Blacks Law 8th]