Contracts Flashcards
abide by
/əˈbaɪd/
phrasal verb
to comply with: to conform
The two parties agreed to abide by the judge’s decision
engage
/ɪnˈɡeɪdʒ/
verb
involve
Before engaging in a new business, it is important to do thorough research
determine
/dɪˈtɜː.mɪn/
verb
to control or influence something directly, or to decide what will happen
After reading the contracts, i was still unable to determine if our company was liable for back wages
bind
/baɪnd/
verd
to tie something or someone tightly or to fasten something
They bound the packages with brightly coloured ribbon
obligate
/ˈɒb.lɪ.ɡeɪt/
verb
to bind legally
The contractor was obligated by the contract to work for 40 hours a week
provision
/prəˈvɪʒ.ən/
noun
the act of providing something
The father made provisions for his son through his will
specific
/spəˈsɪf.ɪk/
adjective
relating to one thing and not others; particular
In a contract, one specific word can change the meaning dramatically
integral
/ˈɪn.tɪ.ɡrəl/
adjective
necessary and important as a part of a whole
Contract is an integral part of workplace
state
/steɪt/
verb
to say or write something, especially clearly and carefully
A contract often states ways to detemine if quality of works delivered is acceptable
representative
/ˌrep.rɪˈzen.tə.tɪv/
noun
someone who speaks or does something officially for another person or group of people
Our union representive assured that our rights would be defended
income
/ˈɪŋ.kʌm/
noun
money that is earned from doing work or received from investments
Rental property can provide extra income for you
lease
/liːs/
noun
a legal agreement in which you pay money in order to use a building, piece of land, vehicle, etc. for a period
He has the house on a long lease