In this paper I employ the analysis of play to clarify the distinction between an agreement and a consensus, and I argue that it is the conditions supplied by the playful process that enable us to partake in the recognition and creation of truth. Gadamer's hermeneutical truth, unlike propositional truth, speaks of the interpretive act whereby meaning is recognized. This interpretive recognition of meaning is described by Gadamer as an occurrence of interpretive play orgenuine understanding. Regarding Gadamer's conception of truth as modelled on agreement rather than consensus, I demonstrate that it is in the process of play that we achieve the making and maintaining of the conditions that are necessary for agreement, and that the nature of understanding is most clearly revealed by viewing it as a playful process.