Der Vertrag
Example: Der Vertrag wurde gestern von beiden Parteien unterschrieben.
Definition
"Der Vertrag" is a legally binding agreement between two or more parties that outlines their rights and obligations. It is commonly used in financial and business contexts to formalize deals, such as contracts, which can be signed and enforced by law.
Etymology
The word "der Vertrag" comes from the German prefix 'ver-' meaning 'for' or 'away' and 'trag' derived from 'tragen', which means 'to carry' or 'to bear'. Together, it suggests the idea of an agreement that carries duties or responsibilities. Did you know the concept of contracts has been essential in trade and law for centuries, evolving from simple promises to written documents?
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"Der Vertrag" appears in the Vocaplus list "German - Finance - (A1-C2) - set 1", containing 150 commonly used words.
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