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binding contract
[ˈbaɪndɪŋ ˈkɑːntrækt]
noun
pl: binding contracts
contrato vinculativo
1.
A legal agreement that is enforceable by law and obligates all parties involved to fulfill their respective duties and responsibilities
Once both parties sign the binding contract, they are legally obligated to complete the transaction.
Uma vez que ambas as partes assinam o contrato vinculativo, elas são legalmente obrigadas a cumprir a transação.
2.
A formal agreement that cannot be unilaterally cancelled or modified without consent from all parties
The employment binding contract outlines the terms and conditions of work.
O contrato vinculativo de trabalho estabelece os termos e condições do emprego.
Synonyms
enforceable contract
legal agreement
binding agreement
Antonyms
non-binding contract
preliminary agreement
letter of intent
Regional Variations
General Brazilian
contrato vinculativo
Most commonly used term in Brazilian Portuguese legal documents
General Brazilian
contrato obrigatório
Alternative term emphasizing mandatory obligation
Portugal
contrato vinculativo
Standard term in Portuguese legal terminology
Portugal
contrato obrigatório
Less common but understood alternative
Related Idioms & Phrases
to sign on the dotted line - assinar no lugar indicado
hold someone to a contract - exigir o cumprimento de um contrato
breach of contract - violação de contrato
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