Il contratto
Example: Abbiamo firmato il contratto per l'affitto dell'appartamento.
Definition
"Il contratto" in finance refers to a formal agreement between two or more parties outlining specific terms and conditions that are legally binding. For example, "Abbiamo firmato il contratto per l'affitto dell'appartamento" means the parties have signed a lease agreement for an apartment.
Etymology
The word "il contratto" comes from the Latin word 'contractus,' which means 'a drawing together or agreement.' It originally referred to any formal agreement or pact, evolving into the modern usage of a legally binding document between parties.
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"Il contratto" appears in the Vocaplus list "", containing 150 commonly used words.
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