The contract
Example: The contract defines terms between both parties clearly
Definition
"The contract" is a legally binding agreement between two or more parties that outlines specific terms and conditions they must follow. It establishes rights and obligations, ensuring clarity and protection for all involved in transactions or arrangements.
Etymology
The word "contract" comes from the Latin 'contractus', meaning 'a drawing together' or 'agreement'. It combines 'con-' (together) and 'trahere' (to draw), reflecting how parties come together to form a binding document. Did you know the concept of contracts dates back to ancient civilizations like Mesopotamia?
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"The contract" appears in the Vocaplus list "English - General - (A2) - set 2", containing 116 commonly used words.
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