Contractual Charges
/ˌkɒntrækʧuəl ˈʧɑːrʤɪz/
Definitions
- (n. pl.) Monetary obligations or fees specified within a contract that one party agrees to pay to another.
The contractual charges must be paid within thirty days of invoicing.
Forms
- contractual charges
- contractual charge
Related terms
See also
Commentary
Typically used in commercial agreements to specify costs enforceable under the contract; clarity in drafting avoids disputes over scope and applicability.
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.