Library / English Dictionary

    ALEATORY CONTRACT

     I. (noun) 

    Sense 1

    Meaning:

    A contract whose performance by one party depends on the occurrence of an uncertain contingent event (but if it is contingent on the outcome of a wager it is not enforceable)play

    Classified under:

    Nouns denoting communicative processes and contents

    Hypernyms ("aleatory contract" is a kind of...):

    contract (a binding agreement between two or more persons that is enforceable by law)

    Credits


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