limited-term contract
[ˈlɪmɪtɪd tɜːrm ˈkɒntrækt]
nounpl: limited-term contracts
contrato por tempo determinado
1. A legally binding agreement between two parties with a predetermined end date or duration, after which the contract automatically terminates unless renewed
The company offered her a limited-term contract for one year with the possibility of extension.
A empresa ofereceu a ela um contrato por tempo determinado por um ano com possibilidade de prorrogação.
2. An employment agreement that specifies a fixed period of employment rather than indefinite or permanent employment
He signed a limited-term contract to work on the project for six months.
Ele assinou um contrato por tempo determinado para trabalhar no projeto por seis meses.
In Brazil, limited-term contracts are very common in corporate environments and are governed by CLT (Consolidação das Leis do Trabalho). In the USA, these contracts are prevalent in industries like healthcare, education, and technology. The distinction between fixed-term and permanent employment is legally significant in both countries, affecting benefits, severance, and worker protections.
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