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Meaning of written contract
A written contract refers to a legally binding agreement between two or more parties, outlined in a written document.
Etymology of written contract
The term "contract" comes from the Latin word "contractus," which is the past participle of "contrahere," meaning "to draw together" or "to agree."
The concept of written contracts dates back to ancient civilizations, where agreements were inscribed on clay tablets, papyri, or stone.
Over time, the use of written contracts evolved to include various forms, such as deeds, treaties, and indentures, which were often sealed or signed to indicate agreement.
Synonyms
Definitions
- A written contract is a formal agreement between two or more parties, where the terms and conditions are explicitly stated in writing.
- * It is a legally enforceable document that outlines the obligations, responsibilities, and expectations of each party involved.
Usage Examples
- The company requires a written contract for all new employees, outlining their job responsibilities and benefits.
- * The couple signed a written contract before getting married, specifying the terms of their prenuptial agreement.
- * The tenant and landlord negotiated a written contract, which included the rent, lease duration, and maintenance responsibilities.