unilateral contract — see contract Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. unilateral contract … Law dictionary
unilateral contract — unilateral and bilateral contracts A unilateral contract is one in which one party makes an express engagement or undertakes a performance, without receiving in return any express engagement or promise of performance from the other. Bilateral (or … Black's law dictionary
unilateral contract — unilateral and bilateral contracts A unilateral contract is one in which one party makes an express engagement or undertakes a performance, without receiving in return any express engagement or promise of performance from the other. Bilateral (or … Black's law dictionary
unilateral contract — ➔ contract1 * * * unilateral contract UK US noun [C] LAW ► a formal agreement in which only one of the people or groups involved agrees to do something → Compare BILATERAL CONTRACT(Cf. ↑bilateral contract) … Financial and business terms
Unilateral contract — Unilateral U ni*lat er*al, a. [Uni + lateral: cf. F. unilat[ e]ral.] 1. Being on one side only; affecting but one side; one sided. [1913 Webster] 2. (Biol.) Pertaining to one side; one sided; as, a unilateral raceme, in which the flowers grow… … The Collaborative International Dictionary of English
Unilateral Contract — A legally enforceable promise between legally competent parties to do or refrain from doing a specified, legal act or acts. In a unilateral contract, one party pays the other party to perform a certain duty. If the duty is fulfilled, the party on … Investment dictionary
unilateral contract — contract which places an obligation on only one side … English contemporary dictionary
unilateral contract — A contract in which there is it promise on one side only, the consideration therefor being an act or something other than another promise. 17 Am J2d Contr § 5. The term unilateral has also been used to describe what is sometimes denominated a… … Ballentine's law dictionary
unilateral contract — noun An agreement in which an offerors offer can be accepted only by the performance of an act by the offeree; a promise for a performance … Wiktionary
unilateral contract — noun a one sided agreement whereby you promise to do (or refrain from doing) something in return for a performance (not a promise) • Hypernyms: ↑agreement, ↑understanding … Useful english dictionary