A general (non-spoken) understanding between two folk in a suburban area of a city or town. Usually pertaining to property of yours, and your neighbors respecting that property in a civil and respectful manner.
Yeah, it's a suburban understanding that my neighbor Steve doesn't steal my grill from my porch at night.
Such a typical suburban understanding that my neighbor Steve mows the gross on an even line between our properties to signify the diving line between our houses.