Fixed-Term Contract
/ˌfɪkst tɜrm ˈkɒntrækt/
Definitions
- (n.) An employment agreement set for a specific duration with a predetermined end date or condition for termination.
She accepted a fixed-term contract that lasted for twelve months.
- (n.) A contract that remains effective only for a designated period or event, terminating automatically upon expiry.
The lease was a fixed-term contract ending on December 31st.
Forms
- fixed-term contract
- fixed-term contracts
Related terms
See also
Commentary
Fixed-term contracts must specify their duration clearly to avoid implicit term continuations or conversion to indefinite contracts under labor laws.
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.