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contract binding on both parties

См. также в других словарях:

  • contract — con·tract 1 / kän ˌtrakt/ n [Latin contractus from contrahere to draw together, enter into (a relationship or agreement), from com with, together + trahere to draw] 1: an agreement between two or more parties that creates in each party a duty to… …   Law dictionary

  • binding — bind‧ing [ˈbaɪndɪŋ] adjective LAW a binding contract/​promise/​agreement etc a promise, agreement etc that must be kept: • Participants in the world trade talks have agreed to negotiate specific binding commitments. • a legally binding agreement… …   Financial and business terms

  • contract — a legally binding agreement between two or more parties. Glossary of Business Terms A legally enforceable agreement between two or more parties for performing, or refraining from performing, some specified act; e.g., delivering 5,000 bushels of… …   Financial and business terms

  • contract — noun / kɒntrækt/ 1. a legal agreement between two parties ● to draw up a contract ● to draft a contract ● to sign a contract ♦ the contract is binding on both parties both parties signing the contract must do what is agreed ♦ under contract bound …   Dictionary of banking and finance

  • contract — noun / kɒntrækt/ 1. a legal agreement between two parties ● to draw up a contract ● to draft a contract ● to sign a contract ♦ the contract is binding on both parties both parties signing the contract must do what is agreed ♦ under contract bound …   Marketing dictionary in english

  • Contract — A term of reference describing a unit of trading for a financial or commodity future. Also, the actual bilateral agreement between the buyer and seller of a transaction as defined by an exchange. The New York Times Financial Glossary * * * ▪ I.… …   Financial and business terms

  • CONTRACT — (Heb. חוֹזֶה, ḥozeh), in general law theory a legally binding agreement between two or more parties, in terms of which one party undertakes for the benefit of the other to perform or refrain from a certain act. As such, contract is the main… …   Encyclopedia of Judaism

  • Contract — • The canonical and moralist doctrine on this subject is a development of that contained in the Roman civil law. In civil law, a contract is defined as the union of several persons in a coincident expression of will by which their legal relations …   Catholic encyclopedia

  • Contract management — or contract administration is the management of contracts made with customers, vendors, partners, or employees. Contract management includes negotiating the terms and conditions in contracts and ensuring compliance with the terms and conditions,… …   Wikipedia

  • parties and privies — Parties to a deed or contract are those with whom the deed or contract is actually made or entered into. By the term privies, as applied to contracts, is frequently meant those between whom the contract is mutually binding, although not literally …   Black's law dictionary

  • Contract Grading — is a form of grading which results from an instructor to student cooperation, and entails contracted number of assignments of specified quality that correspond to specific letter grades. Contract grading may be contrasted with other grading… …   Wikipedia

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