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Meaning of verbal contract
A verbal contract refers to an agreement made through spoken words, without being written down.
Etymology of verbal contract
The term "verbal contract" originated from the Latin words "verbum," meaning word, and "contractus," meaning a drawing together, or agreement.
Historically, verbal contracts have been used in various forms, including spoken agreements, handshakes, and other forms of non-written communication.
Synonyms
agreement
pact
understanding
promise
commitment
arrangement
deal
settlement
accord
covenant
bond
obligation
undertaking
stipulation
compact
contract
treaty
alliance
negotiation
bargain
concord
concordance
mutual agreement
collective agreement
contractual agreement
written agreement
oral agreement
implied agreement
express agreement
implicit agreement
unilateral agreement
bilateral agreement
multilateral agreement
Definitions
- A contract that has not been put into writing, but has been agreed upon through spoken communication.
- * An agreement that is made verbally, and is often considered binding, although it may not be enforceable in a court of law.
Usage Examples
- The two parties entered into a verbal contract, agreeing to the terms of the deal.
- * The employee claimed that she had a verbal contract with her employer, promising her a certain salary and benefits.
- * The company tried to enforce a verbal contract, but the court ruled that it was not binding.
Antonyms
written contract
formal agreement
official document
signed treaty
ratified pact
binding document
sealed agreement
notarized contract
witnessed contract
formal contract
explicit agreement
expressed contract
tangible contract
physical contract
material contract
documentary evidence
hard copy
physical record
written record
formal undertaking