| agreement | n. an arrangement between two or more people, countries etc; contract |
| appendix | n. additional or supplementary material at end of contract, book etc |
| arbitration | n. settlement of a dispute by a person chosen by both parties |
| article | n. a particular statement or stipulation in a contract etc; clause
|
| clause | n. a particular statement or stipulation in a contract etc; article |
| condition | n. anything necessary before the performance of something else |
| express | express terms are those that are explicitly agreed, either in writing or orally. (flexible) |
| force majeure | n. superior, power; unforeseeable event excusing one party from fulfilling contract |
| fulfil | v. to satisfy a condition; to complete the required task; |
| herein | adv. in here; in this (document etc) |
| hereinafter | adv. in the following part (of this document etc) |
| hereto | adv. to this (document etc) [eg: attached hereto] |
| heretofore | adv. up until now; until the present; before this |
| implied | terms included without specifically being stated e.g. Sale of Goods Act (legal requirements) |
| null and void | invalid; without legal force; not binding |
| on behalf of | in the interests of (person etc); for (person etc) |
| on the one hand | on one side – on the other hand on the other side |
| party | n. the person or persons forming one side of an agreement |
| stipulate | v. to specify as an essential condition |
| terms | n. conditions or stipulations |
| warrant | v. to give formal assurance; to guarantee |
| whereas | conj: it being the case that; in view of the fact that [in introduction to contracts] |
Contracts Vocabulary
– April 23, 2011Posted in: TOEIC Topic Words
