Contract Terms
/ˈkɒn.trækt tɜːrmz/
Definitions
- (n. pl.) Specific provisions and clauses that define the rights, obligations, and conditions agreed upon by parties in a contract.
The contract terms stipulated the delivery schedule and payment conditions.
Forms
- contract term
Related terms
See also
Commentary
Contract terms should be clearly drafted to avoid ambiguity and cover essential aspects such as performance, breach, and remedies.
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.