Contract Extension
/ˈkɒntrækt ɪkˈstɛnʃən/
Definitions
- (n.) An agreement to prolong the duration or terms of an existing contract beyond its original expiration date.
The parties agreed to a contract extension to continue services for another year.
Forms
- contract extensions
Related terms
See also
Commentary
A contract extension specifically lengthens the term without altering core obligations, distinguishing it from contract modifications which may change substantive terms.
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.