Verbal Contract
/ˈvɜrbəl ˈkɒntrækt/
Definitions
- (n.) An agreement whose terms are spoken rather than written, legally binding when proven, often harder to enforce than a written contract.
The parties formed a verbal contract during the meeting, even though nothing was signed.
Forms
- verbal contracts
Related terms
See also
Commentary
Verbal contracts must satisfy the same legal elements as written contracts but can be more difficult to prove in court due to lack of documentary evidence.
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.