Business Negotiation in English

Part 3 - Useful vocabulary and phrases

  CONTRACTS

Vocabulary Definitions
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
force majeure (n) superior, power; unforeseeable event excusing one party from fulfilling contract
fulfil (BrE); fulfill (AmE) 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
on behalf of (BrE); in behalf of (AmE) in the interests of (person etc); for (person etc)
null and void invalid; without legal force; not binding
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]

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