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)
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)