Contract Duration
/ˈkɒntrækt djʊˈreɪʃən/
Definitions
- (n.) The fixed or agreed period during which a contract is effective and enforceable.
The contract duration was set for five years from the date of signing.
Forms
- contract durations
Related terms
See also
Commentary
When drafting, clearly specify contract duration to avoid ambiguity about the contract's active period.
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.