contract — con·tract 1 / kän ˌtrakt/ n [Latin contractus from contrahere to draw together, enter into (a relationship or agreement), from com with, together + trahere to draw] 1: an agreement between two or more parties that creates in each party a duty to… … Law dictionary
contract — a legally binding agreement between two or more parties. Glossary of Business Terms A legally enforceable agreement between two or more parties for performing, or refraining from performing, some specified act; e.g., delivering 5,000 bushels of… … Financial and business terms
Contract — A term of reference describing a unit of trading for a financial or commodity future. Also, the actual bilateral agreement between the buyer and seller of a transaction as defined by an exchange. The New York Times Financial Glossary * * * ▪ I.… … Financial and business terms
purchase — Transmission of property from one person to another by voluntary act and agreement, founded on a valuable consideration. Spur Independent School Dist. v. W. A. Holt Co., Tex.Civ.App., 88 S.W.2d 1071, 1073. To own by paying or by promising to pay… … Black's law dictionary
Purchase agreement — As used in connection with project financing, an agreement to purchase a specific amount of project output per period. The New York Times Financial Glossary * * * purchase agreement purchase agreement ➔ agreement * * * purchase agreement UK US… … Financial and business terms
purchase agreement — Used in connection with project financing; an agreement to purchase a specific amount of project output per period. Bloomberg Financial Dictionary * * * purchase agreement purchase agreement ➔ agreement * * * purchase agreement UK US noun [C]… … Financial and business terms
CONTRACT — (Heb. חוֹזֶה, ḥozeh), in general law theory a legally binding agreement between two or more parties, in terms of which one party undertakes for the benefit of the other to perform or refrain from a certain act. As such, contract is the main… … Encyclopedia of Judaism
Contract management — or contract administration is the management of contracts made with customers, vendors, partners, or employees. Contract management includes negotiating the terms and conditions in contracts and ensuring compliance with the terms and conditions,… … Wikipedia
Contract farming — is agricultural production carried out according to an agreement between a buyer and farmers, which establishes conditions for the production and marketing of a farm product or products.[1] Typically, the farmer agrees to provide established… … Wikipedia
purchase agreement — USA Also known as a subscription agreement. The purchase agreement is the principal agreement between the issuer and the investor in an unregistered offering of debt or equity securities. The agreement, which sets out the terms and conditions of… … Law dictionary
