Lexeme: contractual agreement  
Very Rare (0.01)
Definition:
  1. noun. A contractual agreement, also known as a contract, is a legally binding agreement between two or more parties. It outlines the rights, obligations, and responsibilities of each party involved in a business or personal transaction. Contracts can be written or verbal, although written contracts are generally considered more reliable and enforceable in a court of law. They typically include specific terms and conditions that establish the agreed-upon terms of the agreement, such as the scope of work, the payment terms, delivery timelines, and any other relevant provisions. GPT3.5
Word Forms:
  • noun. contractual agreement (singular), contractual agreements (plural)
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