Definitions for contractual
kənˈtræk tʃu əlcon·trac·tu·al

Princeton's WordNetRate this definition:0.0 / 0 votes

1. contractualadjective

   relating to or part of a binding legal agreement

   "contractual obligations"

WiktionaryRate this definition:4.0 / 1 vote

1. contractualadjective

   Of or pertaining to a contract

WikipediaRate this definition:0.0 / 0 votes

1. contractual

   A contract is an agreement that specifies certain legally enforceable rights and obligations pertaining to two or more mutually agreeing parties. A contract typically involves the transfer of goods, services, money, or a promise to transfer any of those at a future date. In the event of a breach of contract, the injured party may seek judicial remedies such as damages or rescission. A binding agreement between actors in international law is known as a treaty. Contract law, the field of the law of obligations concerned with contracts, is based on the principle that agreements must be honoured. Like other areas of private law, contract law varies between jurisdictions. In general, contract law is exercised and governed either under common law jurisdictions, civil law jurisdictions, or mixed-law jurisdictions that combine elements of both common and civil law. Common law jurisdictions typically require contracts to include consideration in order to be valid, whereas civil and most mixed-law jurisdictions solely require a meeting of the minds between the parties. Within the overarching category of civil law jurisdictions, there are several distinct varieties of contract law with their own distinct criteria: the German tradition is characterised by the unique doctrine of abstraction, systems based on the Napoleonic Code are characterised by their systematic distinction between different types of contracts, and Roman-Dutch law is largely based on the writings of renaissance-era Dutch jurists and case law applying general principles of Roman law prior to the Netherlands' adoption of the Napoleonic Code. The UNIDROIT Principles of International Commercial Contracts, published in 2016, aim to provide a general harmonised framework for international contracts, independent of the divergences between national laws, as well as a statement of common contractual principles for arbitrators and judges to apply where national laws are lacking. Notably, the Principles reject the doctrine of consideration, arguing that elimination of the doctrine "bring[s] about greater certainty and reduce litigation" in international trade. The Principles also rejected the abstraction principle on the grounds that it and similar doctrines are "not easily compatible with modern business perceptions and practice".Contract law can be contrasted with tort law (also referred to in some jurisdictions as the law of delicts), the other major area of the law of obligations. While tort law generally deals with private duties and obligations that exist by operation of law, and provide remedies for civil wrongs committed between individuals not in a pre-existing legal relationship, contract law provides for the creation and enforcement of duties and obligations through a prior agreement between parties. The emergence of quasi-contracts, quasi-torts, and quasi-delicts renders the boundary between tort and contract law somewhat uncertain.

ChatGPTRate this definition:0.0 / 0 votes

1. contractual

   Contractual refers to anything related to, expressed in, or legally bound by a contract. A contract is a legally enforceable agreement between two or more parties where each part has obligations to the other. Thus, if something is contractual, it is required or specified as per the terms and conditions of a contract.

How to pronounce contractual?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say contractual in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of contractual in Chaldean Numerology is: 3

2. Pythagorean Numerology

   The numerical value of contractual in Pythagorean Numerology is: 2

Examples of contractual in a Sentence

1. Philipp Rickenbacher:

   The contractual framework allows us to implement requirements under MiFID II in our advisory process and ensure we meet the obligations.

2. Deutsche Boerse:

   The parties want to clarify all other contractual modalities in the upcoming negotiations.

3. Antonio Tajani:

   It's a matter now of avoiding the biggest mistake of all - a chaotic Brexit without contractual arrangements in place.

4. Queensland Reds utility Karmichael Hunt:

   Following extensive consultation with Karmichael over the weekend, we have determined that it continues to be best for Karmichael's welfare that he is not available for selection this Friday, as this highly complicated matter is due before the courts and is part of a wider and ongoing investigation by the Queensland Crime and Corruption Commission, we will continue not to prejudice the player's legal or contractual rights and we will apply the principles of natural justice.

5. Jose Luis Meiszner:

   We have to be absolutely prepared for huge turbulence to carry out all the events (on the calendar) given that the rights owners are fundamentally under investigation by the law and absolutely unable to comply with their contractual commitments.

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References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=contractual
2. ^ Wiktionary
   https://en.wiktionary.org/wiki/Contractual
3. ^ Wikipedia
   https://en.wikipedia.org/wiki/Contractual
4. ^ ChatGPT
   https://chat.openai.com