contract, oral

contract, oral
n.
A contract that is executed verbally and not put in writing. See also statute of frauds

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.

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  • oral — I adjective announced, articulated, audible, by word of mouth, communicated, enunciated, expressed, expressed in words, phonic, said, said aloud, sounded, spoken, spoken out loud, told, unwritten, uttered, verbal, vocal, vocalized, voiced… …   Law dictionary

  • oral contract — A contract not recorded on paper or on computer, but made vocally which is usually enforceable. Bloomberg Financial Dictionary * * * oral contract oral contract ➔ contract1 * * * oral contract UK US noun [C] LAW ► a spoken agreement that is not… …   Financial and business terms

  • oral — Uttered by the mouth or in words; spoken, not written @ oral argument Presentation of reasons for affirmance, reversal, modification, etc. by appellee and appellant before appellate court; generally limited in time by court rule; e.g. Fed.R.App.P …   Black's law dictionary

  • contract — con·tract 1 / kän ˌtrakt/ n [Latin contractus from contrahere to draw together, enter into (a relationship or agreement), from com with, together + trahere to draw] 1: an agreement between two or more parties that creates in each party a duty to… …   Law dictionary

  • oral contract — n. A contract that is made verbally, or partly verbally and partly in writing. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008. oral contract An agreement …   Law dictionary

  • CONTRACT — (Heb. חוֹזֶה, ḥozeh), in general law theory a legally binding agreement between two or more parties, in terms of which one party undertakes for the benefit of the other to perform or refrain from a certain act. As such, contract is the main… …   Encyclopedia of Judaism

  • Contract management — or contract administration is the management of contracts made with customers, vendors, partners, or employees. Contract management includes negotiating the terms and conditions in contracts and ensuring compliance with the terms and conditions,… …   Wikipedia

  • oral — o‧ral [ˈɔːrəl] adjective spoken, rather than written: • The debtor may attend court to give oral evidence as to his financial situation. * * * oral UK US /ˈɔːrəl/ adjective ► oral agreements, evidence, etc. are in spoken, not written, form: »A… …   Financial and business terms

  • contract of employment — A contract of service or apprenticeship, whether express or implied and, if express, whether oral or in writing. Whether or not an individual is working under a contract of employment will determine whether they are entitled to certain statutory… …   Law dictionary

  • contract — An oral or written agreement between two or more parties which is enforceable by law. In order to be valid, a contract requires an offer, an acceptance of that offer and, in common law jurisdictions, consideration. (Dictionary of Canadian… …   Glossary of Bankruptcy

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