1. A contract that is legal, valid, and complies with all applicable laws and regulations; an agreement entered into by parties with lawful purposes and means.
The purchase agreement was a lawful contract that protected both the buyer and the seller.
O acordo de compra e venda era um contrato lícito que protegia tanto o comprador quanto o vendedor.
2. In legal contexts, a contract whose object, purpose, and conditions are all permitted by law.
For a contract to be enforceable, it must be a lawful contract with a legitimate purpose.
Para que um contrato seja executável, deve ser um contrato lícito com um propósito legítimo.