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Contract Vocabulary

This page shows twenty words and phrases typically used talking about contracts, which you can also find in the free ebook Top 20 Business Vocabulary.
  term meaning
1 agreement n. an arrangement between two or more people, countries etc; contract
2 appendix n. additional or supplementary material at end of contract, book etc
3 arbitration n. settlement of a dispute by a person chosen by both parties - to arbitrate v.
4 article n. a particular statement or stipulation in a contract etc; clause
5 clause n. a particular statement or stipulation in a contract etc; article
6 condition n. anything necessary before the performance of something else
7 force majeure n. superior, power; unforeseeable event excusing one party from fulfilling contract
8 fulfil v: to satisfy a condition; to complete the required task; to fulfillUS
9 herein adv: in here; in this (document etc)
10 hereinafter adv: in the following part (of this document etc)
11 hereto adv: to this (document etc) [eg: attached hereto]
12 heretofore adv: up until now; until the present; before this
13 in behalf of in the interests of (person etc); for (person etc); on behalf ofUK
14 null and void invalid; without legal force; not binding
15 on the one hand on one side - on the other hand on the other side
16 party n. the person or persons forming one side of an agreement
17 stipulate v. to specify as an essential condition - stipulation n.
18 terms n. conditions or stipulations
19 warrant v. to give formal assurance; to guarantee
20 whereas conj: it being the case that; in view of the fact that [in introduction to contracts]