binding contract

« Back to Glossary Index
Tags: law

An agreement in writing between two or more individuals or entities in which a court can impose penalties in the event one party attempts to negate on his or her promise as set forth in the signed document.
(Read more: http://www.businessdictionary.com/definition/binding-contract.html#ixzz2ILyBlpkc)

Synonyms:
executory contract
« Back to Glossary Index
Share on facebook
Facebook
Share on google
Google+
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on pinterest
Pinterest

Deja una respuesta

Tu dirección de correo electrónico no será publicada. Los campos obligatorios están marcados con *