Negotiated Contract
/ˈnɛɡoʊʃieɪtɪd ˈkɒntrækt/
Definitions
- (n.) A contract whose terms have been mutually discussed and agreed upon by the parties involved, rather than imposed unilaterally.
The parties executed a negotiated contract after several rounds of discussions.
Forms
- negotiated contract
- negotiated contracts
Related terms
See also
Commentary
The term emphasizes that the contract terms result from negotiation, often affecting enforceability and interpretation nuances.
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.