What does contra proferentem mean?
Definitions for contra proferentem
con·tra pro·fer·entem
This dictionary definitions page includes all the possible meanings, example usage and translations of the word contra proferentem.
Wikipedia
Contra proferentem
Contra proferentem (Latin: "against [the] offeror"), also known as "interpretation against the draftsman", is a doctrine of contractual interpretation providing that, where a promise, agreement or term is ambiguous, the preferred meaning should be the one that works against the interests of the party who provided the wording.
Wikidata
Contra proferentem
Contra proferentem, also known as "interpretation against the draftsman", is a doctrine of contractual interpretation providing that, where a promise, agreement or term is ambiguous, the preferred meaning should be the one that works against the interests of the party who provided the wording. The doctrine is often applied to situations involving standardized contracts or where the parties are of unequal bargaining power, but is applicable to other cases. The doctrine is not, however, directly applicable to situations where the language at issue is mandated by law, as is often the case with insurance contracts and bills of lading. The reasoning behind this rule is to encourage the drafter of a contract to be as clear and explicit as possible and to take into account as many foreseeable situations as it can. Additionally, the rule reflects the court's inherent dislike of standard-form take-it-or-leave-it contracts also known as contracts of adhesion. The court perceives such contracts to be the product of bargaining between parties in unfair or uneven positions.
Numerology
Chaldean Numerology
The numerical value of contra proferentem in Chaldean Numerology is: 5
Pythagorean Numerology
The numerical value of contra proferentem in Pythagorean Numerology is: 8
Translations for contra proferentem
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"contra proferentem." Definitions.net. STANDS4 LLC, 2024. Web. 27 Apr. 2024. <https://www.definitions.net/definition/contra+proferentem>.
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