Contract Compliance
/ˈkɒn.trækt kəmˈplaɪ.əns/
Definitions
- (n.) The act or process of adhering to the terms and conditions agreed upon in a contract.
The company conducted an audit to ensure contract compliance with its suppliers.
- (n.) Legal requirement that parties perform their contractual obligations as stipulated to avoid breach.
Contract compliance is essential to prevent litigation for breach of contract.
Forms
- contract compliance
Related terms
See also
Commentary
Contract compliance focuses on fulfilling agreed terms; clarity in drafting obligations facilitates enforceability.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.