agreement vs contract

Both 'agreement' and 'contract' are correct terms, but they are used in different contexts. 'Agreement' is a broader term that can refer to any mutual understanding or arrangement between parties, while 'contract' specifically refers to a legally binding agreement. The choice between the two depends on the formality and legal implications of the arrangement being discussed.

Last updated: June 28, 2024 • 861 views

agreement

The term 'agreement' is correct and commonly used in English to refer to a mutual understanding or arrangement between parties.

Use 'agreement' to refer to a mutual understanding or arrangement between parties, which may or may not be legally binding. It is a more general term than 'contract.'

Show examples from the web [+]

Expenditures—The agreement includes total expenditures of $297.9 billion all funds, of which $211.5 billion is General Fund. Special Fund for Economic ...
Feb 29, 2020 ... A comprehensive peace agreement is made of four parts: 1. Guarantees and enforcement mechanisms that will prevent the use of the soil of ...
Sep 21, 2023 ... The Biden-Harris administration today announced a historic agreement to support Tribally led efforts to restore healthy and abundant salmon ...

Alternatives:

arrangement
deal
pact
settlement
understanding

contract

The term 'contract' is correct and commonly used in English to refer to a legally binding agreement between parties.

Use 'contract' when referring to a legally binding agreement between parties. It implies a formal and legally enforceable arrangement.

Show examples from the web [+]

Budget and contract for your engagement gala.
Yes, a contract for Sonia.
I've signed a wonderful major book contract.
We just signed a permanent contract.
Now... our original contract was for three years.
Thanks for making Tracy sign that contract.
Laila told me Asta ended your contract.
And even better news, another potential contract.
You overriding the contract with Scientia.
Deb, this contract grants him perpetual rights.
Listen, I made this contract.
And this network contract is frozen.
That contract is worth $200,000.
We have a contract and everything.
But your Transworld contract has been terminated.
Five-year employment contract for both of them.
An endorsement contract, to be exact.
My dad negotiated your first major league contract.
Regardless, Taylor is a contract thief.
Country club, my biggest contract.

Alternatives:

agreement
deal
pact
settlement
understanding

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agreement vs contract

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