HyperDic: oral_contract

English > 1 sense of the expression oral contract:
NOUNcommunicationoral contractan agreement that is not in writing and is not signed by the parties but is a real existing contract that lacks only the formal requirement of a memorandum to render it enforceable in litigation
English > oral contract: 1 sense > noun 1, communication
MeaningAn agreement that is not in writing and is not signed by the parties but is a real existing contract that lacks only the formal requirement of a memorandum to render it enforceable in litigation.
Broaderagreement, understandingThe statement (oral or written) of an exchange of promises
Spanishcontrato verbal
Catalancontracte verbal

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