Define: Contract Term
Contract Term means the specified duration during which a contract, service, or product is valid.
Legal accuracy standard set & glossary spot-checked by Imad Mohammed Nazar , Skadden-trained M&A lawyer, Legal Engineer at GenieAI
Contract Term means the specified duration during which a contract, service, or product is valid.
Relevant Circumstances
- Establishment of business relationships
- Agreement on services or products
- Agreement on confidentiality
- Collaboration between two parties
Relevant Sectors
- Real Estate
- Information Technology
- Human Resources
- Legal Services
- Partnerships and Alliances