contractual commitment
[kən-ˈtrak-chə-wəl kə-ˈmi-tənt]
nounpl: contractual commitments
compromisso contratual
1. A legally binding obligation or promise made by one or more parties as stipulated in a contract
The company failed to fulfill its contractual commitment to deliver the goods by the agreed deadline.
A empresa não cumpriu seu compromisso contratual de entregar os produtos até o prazo acordado.
2. A formal agreement or duty that is enforceable by law and binding on all parties involved
Before signing, please review all contractual commitments outlined in the agreement.
Antes de assinar, revise todos os compromissos contratuais descritos no contrato.
3. An obligation undertaken by a party in a written agreement with consequences for non-compliance
Both parties must honor their contractual commitments to maintain a healthy business relationship.
Ambas as partes devem honrar seus compromissos contratuais para manter um relacionamento comercial saudável.
In Brazilian business culture, contractual commitments are taken seriously and their violation can result in significant legal and financial consequences. In the United States, contractual commitments are enforced through state and federal law, with particular emphasis in NYC's financial district. The term reflects the importance of written agreements in formal business relationships across both cultures.
Related Idioms & Phrases
to honor one's contractual commitments
to breach a contractual commitment
to fulfill contractual commitments
bound by contractual commitments
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