Legal glossary category
Contract Law
Browse 99 glossary entries in the Contract Law category, with short plain-English descriptions and direct links to the full term pages.
construct
Imagine a permission slip: the signature line is part of the construct.
Open term →current
Current acts like checking the clock on a library book; it tells you if the due date (the present moment) has passed.
Open term →death
Death is like when you hand in your hall pass for good—you can't come back to class.
Open term →decreased
If your library fine is decreased from $5 to $2, that means you owe less money than you thought you did.
Open term →defer
Deferring means hitting the pause button on a promise; if you promised to clean my room today but say you'll do it next week, that’s deferring.
Open term →dependent
A dependent is like a kid who relies on Mom for rides; if the kid breaks curfew, they are dependent on Mom's permission slip being valid.
Open term →derived
If your main permission slip lets you play on the swing set, a derived right is like getting permission to use the slide because it's attached to t...
Open term →designee
It's like giving your friend permission to sign for a package meant for you.
Open term →disclaimer
Think of a hall pass that says you can run in the hallway without getting in trouble; it only works if the teacher wrote it clearly and gave it to...
Open term →disclosure
Disclosure is like showing your friend the 'fine print' on a permission slip before they sign it.
Open term →disqualified
If you get a hall pass but the teacher takes it back, your privilege to be out of class is disqualified.
Open term →division
It’s like splitting an allowance equally among three kids; each kid gets their own separate piece of money.
Open term →dollar
Think of a dollar like a hall pass that lets you buy a snack; if the pass says $5, you must hand over exactly five bucks, no more, no less.
Open term →due diligence
Due diligence is like checking a friend's report card before promising them you'll let them borrow your expensive video game console.
Open term →duplication
Duplication is like handing in two identical permission slips for field day; you might be marked down for submitting too many, even if both are valid.
Open term →duration
Duration is how long something lasts; think of a library book's due date.
Open term →duty
A duty is like a promise you make on a permission slip; if you don't follow it, you get penalized.
Open term →effect
The effect is like the consequence of signing a permission slip; if you sign it, the legal effect is that your parents give you permission to play...
Open term →effective date
It's like the day written on a permission slip; that’s the first day you are officially allowed to go outside and play.
Open term →effort
It means you promised to try your hardest, like promising to study hard for a test even if you don't get an A.
Open term →elect
Electing is like picking one flavor at the ice cream shop when you can have vanilla or chocolate.
Open term →eliminate
It's like crossing out a promise on your lunch menu so nobody can ask for it later.
Open term →employ
Employ means you promise to use something—like promising to use your allowance to buy a specific toy.
Open term →entire
Think of a hall pass that lets you use the whole playground; you can’t just stay on the swings and skip the slide.
Open term →entitle
It means you have earned permission to do something or get paid for it.
Open term →environmental
It's like putting rules on your permission slip that say you must recycle all your crayons before you leave school.
Open term →equitable
Equitable means making things fair when the rules aren't perfect.
Open term →error
An error is like writing 'ten dollars' when you meant 'one hundred dollars' on your permission slip; that mistake changes everything about what you...
Open term →event
An event is like when you hand in your permission slip; that act triggers the permission to play outside.
Open term →exclusive
It’s like getting the only hall pass in your class—no one else can use it while you have it.
Open term →existing
If you have an existing permission slip from your parents, it means you already have permission right now to go to the park.
Open term →expire
Think of a library book: once the due date passes, you can no longer borrow it without paying a fine.
Open term →extend
It's like getting an extra week on your permission slip when you needed more time to finish your science project.
Open term →extension
An extension is like asking your teacher for an extra day on a math test.
Open term →external
It’s like when your friend promises Mom she will finish her homework—that promise is external to you and Dad, but it affects both of you.
Open term →faith
Imagine you give a friend a hall pass assuming the teacher will let them leave; if the teacher later says no, you’re stuck with the promise you made.
Open term →favorable
If your hall pass is favorable, you get permission to go outside even though rain is falling.
Open term →fee
Think of a library fine; that charge represents the cost you owe just for keeping a book too long.
Open term →fiduciary
It’s like when you hold a permission slip from your parent; you must only use it for school events, not just to skip lunch.
Open term →floor
The floor is like the bottom line on a permission slip; even if you promise to do something better, you can't fall below that written standard.
Open term →for cause
It acts like a rule on a permission slip: you can only get it if there's a good reason, not just because you feel like it.
Open term →force
It’s like when you promised to bring your library book back on Tuesday, but a huge thunderstorm made it impossible to get out of the house that day.
Open term →foreseeable
Foreseeable means you thought it might happen before it did.
Open term →former
If you were given a permission slip for recess yesterday, 'former' means you are no longer currently allowed to go out.
Open term →foundation
Think of it like the first signature on a permission slip; without that initial sign-off, the whole field trip plan collapses.
Open term →franchise
A franchise is like a permission slip letting you run your own lemonade stand, but only if you use the specific pitcher and recipe the main owner r...
Open term →fraud
Fraud is like when a friend gives you a permission slip claiming you'll go to the park, but secretly knows it’s really for the grocery store.
Open term →full force
If your permission slip says 'full force,' it means you can use that hall pass right now, no waiting around for the principal's approval.
Open term →fullest
It means you are promising to do *everything* required in the permission slip—not just coloring inside the lines, but also staying on the designate...
Open term →function
If your permission slip says you have the 'function' of reading only, that means you can't write on it.
Open term →future
A future promise is like a permission slip you sign today for something happening next week.
Open term →gacc
It functions like a parent promising to pay your library fine before you even get it.
Open term →general
A general clause is like a 'catch-all' section on your permission slip.
Open term →governor
Think of a governor like a school principal who can sign off on a field‑trip permission slip, but also can cancel the trip if safety rules aren’t met.
Open term →grant
A grant is like when Mom gives you permission slip to play outside; she grants you the right to go out.
Open term →gross
A gross allowance is like getting the whole amount on your permission slip—every single point counts!
Open term →hazard
A hazard is like finding a huge crack in your promise slip before you sign it; that flaw makes the whole deal risky.
Open term →heading
A heading is like the title on a permission slip—it tells you exactly what the paper is about before you even read the rules underneath.
Open term →health
It's like having a permission slip for recess: if you're too sick (unhealthy), your parent might revoke that permission, meaning you can't play.
Open term →identity
Identity is like your unique hall pass number at school; it proves you are who you claim to be when signing a permission slip.
Open term →illegal
Imagine signing a hall pass that lets you break school rules; the teacher will nullify it and you could get in trouble.
Open term →immediately
When your mom says you need to clean your room immediately, it means you stop whatever you are doing right then and there.
Open term →impact
Impact is like when you spill juice on your homework; the impact is that the paper gets ruined and needs fixing.
Open term →implied
It's like when you borrow a friend's video game; even if they don't say 'return it next week,' the implied term is that you will return it promptly.
Open term →inaction
Inaction is like when your friend promises to bring the ball but just sits there instead.
Open term →incentive
It's like a sticker on a chore chart; the sticker is the incentive you get for finishing your homework early.
Open term →incident
An incident is like when your friend breaks your favorite toy; that broken toy is the incident that starts the argument.
Open term →inconvenient
Like when a parent asks you to clean your room before playing video games - it's a temporary interruption that prevents you from doing what you wan...
Open term →incurrence
It’s like getting a library fine; you don't get it just by looking at the book, but when you fail to return it, the fine incurs.
Open term →indemnify
Indemnify is like when your parent promises to pay the library fine if you forget to return a book on time.
Open term →indemnity
It functions like a promise on a permission slip: if you break the rules and get a fine, your friend promises to pay that fine for you instead.
Open term →independent
If you sign a hall pass that says it’s for your own use, you are independent of the teacher who gave it.
Open term →indication
An indication is like telling your friend you'll share your dessert if they finish their vegetables first.
Open term →indirectly
If your friend asks you to pass the salt (the indirect action), you move it for them instead of handing it directly over.
Open term →induce
Inducement is like getting your mom to let you stay up late because she promised extra dessert; that promise is the inducement.
Open term →informed
It’s like giving a kid the exact homework instructions before they start; they can’t blame the teacher if they follow them correctly.
Open term →integration
Imagine you and your friend write down rules for playing tag on separate slips of paper; integrating means gluing them together so they form one of...
Open term →interfere
Interference happens when someone messes with your stuff—like if your friend borrows your favorite toy and won't give it back.
Open term →interfere with
If your friend promises you a swing set (the right), and their sibling keeps pulling on the chains so you can't use it, the sibling is interfering...
Open term →internal
Think of an internal permission slip—only you and your teacher can enforce that rule; a friend walking by doesn't have standing to complain about it.
Open term →introduction
It acts like the first page of a permission slip that says, 'This is for recess on Monday.' It tells you exactly what the paper is about before you...
Open term →involved
If you are involved in your friend's game of tag, you have a role—you aren't just watching.
Open term →irrevocable
It's like signing a permission slip that says 'This cannot be taken back.' Even if you change your mind tomorrow, the school still has to honor wha...
Open term →key
A key acts like the main promise written on a permission slip.
Open term →kind
A kind is like labeling a permission slip: one slip says 'Field Trip,' and another says 'Library Fine.' The label tells you exactly what the rule a...
Open term →lapse
A lapse is like a library book overdue; once the due date passes, you lose the chance to borrow it without paying a fine.
Open term →legal counsel
Legal counsel is like having your parent read the instructions on a complicated permission slip before you sign it.
Open term →liability
Liability is like owing money on a permission slip; if you break the rules listed, you are responsible for paying the fine.
Open term →liability insurance
Liability insurance functions like a promise made by an insurer: if you break something (your liability), they pay for the repair bill instead of y...
Open term →life
Life is like the permission slip for your field trip; it means you are allowed to be there until the bell rings, which ends your allowance.
Open term →likely
If you say your friend will be late, that’s likely—it means it probably happened, like if they missed their usual bus stop.
Open term →line
Imagine a promise written on a permission slip; that line tells you exactly where your signature ends and the teacher's begins.
Open term →list
A list acts like the required items on a permission slip; if you forget one item, you might not get to play.
Open term →local
It means something only works in your neighborhood, not across the whole town.
Open term →location
Think of a location like the playground where a kid’s permission slip says he can play; the slip only works if the kid shows up at that specific pl...
Open term →long-term
A long-term promise is like a permission slip that lasts for the whole school year, not just until lunch tomorrow.
Open term →lost
If you lose your hall pass, you can't go to the playground until you get a new one.
Open term →material adverse
It's like if your permission slip said you could go to recess, but then the principal suddenly announced it was canceled because of a massive snows...
Open term →material change
Imagine you agree to get a blue bike; if the seller swaps it for a rusty red one, that’s a material change.
Open term →