Contract Vocabulary
Here are twenty terms often used in contracts and agreements.
| 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 | conjunction. it being the case that; in view of the fact that [in introduction to contracts] |