El contrato
Example: Firmamos el contrato para el nuevo proyecto esta mañana.
Definition
"El contrato" is a binding agreement between two or more parties that outlines mutual obligations and rights, commonly used in finance and business to formalize arrangements such as services, sales, or employment. For example, signing "el contrato" ensures legal commitment for a new project.
Etymology
The word "el contrato" comes from the Latin 'contractus,' meaning 'a drawing together' or 'agreement.' It reflects the idea of parties coming together to establish terms. Did you know that the concept of a contract dates back to Roman law, highlighting its long-standing importance in trade and finance?
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"El contrato" appears in the Vocaplus list "Spanish - Finance - (A1-C2) - set 1", containing 150 commonly used words.
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