contract obligation
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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
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 — • The canonical and moralist doctrine on this subject is a development of that contained in the Roman civil law. In civil law, a contract is defined as the union of several persons in a coincident expression of will by which their legal relations … Catholic encyclopedia
obligation — ob·li·ga·tion /ˌä blə gā shən/ n 1: a promise, acknowledgment, or agreement (as a contract) that binds one to a specific performance (as payment); also: the binding power of such an agreement or indication held that the amendment did not… … Law dictionary
Obligation — Ob li*ga tion, n. [F. obligation. L. obligatio. See {Oblige}.] 1. The act of obligating. [1913 Webster] 2. That which obligates or constrains; the binding power of a promise, contract, oath, or vow, or of law; that which constitutes legal or… … The Collaborative International Dictionary of English
obligation — [äb΄li gā′shən] n. [ME obligacioun < OFr obligation < L obligatio] 1. an obligating or being obligated 2. a binding contract, promise, moral responsibility, etc. 3. a duty imposed legally or socially; thing that one is bound to do by… … English World dictionary
Obligation — • Defined in the Institutes of Justinian as a legal bond which by a legal necessity binds us to do something according to the laws of our State Catholic Encyclopedia. Kevin Knight. 2006. Obligation Obligation … Catholic encyclopedia
Contract — Con tract (k[o^]n tr[a^]kt), n. [L. contractus, fr. contrahere: cf. F. contrat, formerly also contract.] 1. (Law) The agreement of two or more persons, upon a sufficient consideration or cause, to do, or to abstain from doing, some act; an… … The Collaborative International Dictionary of English
contract — CONTRACT. s. m. Paction, convention, traitté entre deux, ou plusieurs personnes portant obligation des contractants l un. envers l autre. Contract de bonne foy. contract civil. contract verbal, ou par parole. Contract par escrit. contract de… … Dictionnaire de l'Académie française
contract — n Contract, bargain, compact, pact, treaty, entente, convention, cartel, concordat designate an agreement reached after negotiation and ending in an exchange of promises between the parties concerned. Contract applies especially to a formal… … New Dictionary of Synonyms
