Der Vertrag
Example: Der Vertrag zwischen den Firmen wurde gestern unterschrieben.
Definition
"Der Vertrag" is a legally binding agreement between two or more parties, often companies, outlining the terms and conditions they have mutually accepted. It establishes obligations and rights, ensuring that all involved parties adhere to the agreed-upon commitments.
Etymology
The word "der Vertrag" originates from the German verb 'tragen' meaning 'to carry' combined with the prefix 'ver-' which can imply completion or change. Together, they suggest a 'carried agreement' or a 'concluded arrangement.' Did you know that the concept of 'Vertrag' has been central to legal and business practices in German-speaking countries for centuries?
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"Der Vertrag" appears in the Vocaplus list "German - Entrepreneurship - (A1-C2) - set 1", containing 109 commonly used words.
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