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28 Definitions

Contract

For Contract we have terms and definitions in 28 topics. The topics are Auto Insurance, Bladder, Bridge, Business, Canadian Law, Car Insurance, Ethics, Finance, Foreclosure, Fundraising, Health Research, Insolvency, Law, Legal, Legal Ethics, Logistics, Media Relations, Pavement, Personal Injury Law, Political, Purchasing A Home, Real Estate, Real Estate Auction, Sanitation, Supply Chain, Teacher Evaluation, Telco and Uk Power.



Contract (Auto Insurance)

A legally enforceable agreement made between two parties.


Contract (Bladder)

To shrink, tighten, or become smaller


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Contract (Bridge)

The number of tricks the declaring side must take to earn a plus score. A bid becomes the final contract if it's followed by three passes. (If the last bid is 3C, the bidder has contracted to make clubs trump and to take at least 9 -- 6 for "book" plus the 3 bid -- of the 13 possible tricks.)


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Contract (Business)

An agreement regarding mutual responsibilities between two or more parties.


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Contract (Canadian Law)

An agreement between persons which obliges each party to do or not to do a certain thing. Technically, a valid contract requires an offer and an acceptance of that offer, and, in common law countries, consideration.


Contract (Car Insurance)

A legally enforceable agreement made between two parties.


Contract (Ethics)

As used in ethics, the term "contract" means an explicit agreement which is freely entered into. Only a small number of these would qualify as legal contracts. A legal contract is a legally binding agreement among two or more parties. Breach of contract is the failure to fulfill a legal contract).


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Contract (Finance)

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.


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Contract (Foreclosure)

An agreement between two or more persons that creates an obligation to do or not to do a particular thing.


Contract (Fundraising)

  1. A contract is a legally binding document between two or more parties.


Contract (Health Research)

See R&D Contract.


Contract (Insolvency)


An agreement between parties, where each party has obligations. In order to be valid, a contract requires an offer, an acceptance of that offer and, in common-law jurisdictions, consideration.


Contract (Law)

An agreement between two or more persons which creates an obligation to do or not to do a particular thing. A legally enforceable agreement between two or more competent parties made either orally or in writing.


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Contract (Legal)

An agreement between two or more persons which creates an obligation to do or not to do a particular thing. A legally enforceable agreement between two or more competent parties made either orally or in writing.


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Contract (Legal Ethics)

As used in ethics, the term "contract" means an explicit agreement which is freely entered into. Only a small number of these would qualify as legal contracts. A legal contract is a legally binding agreement among two or more parties. Breach of contract is the failure to fulfill a legal contract).


Contract (Logistics)

A legally binding agreement between two or more persons/organizations to carry out reciprocal obligations or value.


Contract (Media Relations)

A formal agreement made between the service provider and the client, covering agreed objectives, timing, and price.


Contract (Pavement)


Decrease in length or volume. (See also Expand, Shrinkage, Swelling, and Volume Change..


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Contract (Personal Injury Law)

A legally enforceable agreement between two or more competent parties made either orally or in writing.


Contract (Political)

A legally binding agreement between two or more people. Also refers to the document that describes the terms of the contract. There was much publicity in 1994 about the book contract signed by House Speaker Newt Gingrich with a prominent publisher: the contract would have spelled out what each side agreed to do: Gingrich to write the book by a certain date, the publisher to pay him a certain percentage of royalties from sale of the book.


Contract (Purchasing A Home)

An oral or written agreement to do or not to do a certain thing.


Contract (Real Estate)

A legally enforceable promise or set of promises that must be performed and for which, if a breach of the promise occurs, the law provides a remedy. A contract may be either unilateral, by which only one party is bound to act, or bilateral, by which all parties to the instrument are legally bound to act as prescribed. (See valid contract)
FindLaw Contract Law Web Guide


Contract (Real Estate Auction)

An agreement between two or more persons or entities which creates or modifies a legal relationship.


Contract (Sanitation)

A legal document containing statement of work, a schedule of performance, a price and all applicable terms and conditions that are mutually agreeable to both buyer and seller and signed by both parties.


Contract (Supply Chain)

An agreement between two or more competent persons or companies to perform or not to perform specific acts or services or to deliver merchandise. A contract may be oral or written. A purchase order, when accepted by a supplier, becomes a contract. Acceptance may be in writing or by performance, unless the purchase order requires acceptance in writing.


Contract (Teacher Evaluation)

A binding agreement (written or oral) between two or more parties concerning expectations, responsibilities, and possibly remuneration or award of each party. See Collective Bargaining Agreement, Plan of Assistance.


Contract (Telco)

A legally-binding agreement between a vendor and a customer to provide Products, Services or Features in a specified quantity and quality, for a specified price, during a specified period of time.


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Contract (Uk Power)

A binding agreement between a buyer and a seller in a transaction


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