Contracts are the most powerful legal protection documents for the interests of both parties. Thus, they are indispensable in the business world. Today, we are going to introduce 5 English phrases related to contracts, as well as 2 words that can replace ‘contract’!
1. Breach of contract
A large group of employees sued the company as there was a breach of contract, which has seriously damaged their reputation.
2. Rescind a contract
After rescinding the contract, it is no longer recognized as a legally binding.
3. Bid for a contract
Before bidding for a contract, you should make sure that it can help your business grow, as well as you are affordable for it.
4. Win a contract
He sincerely convinced the multinational company and finally won the global contract.
5. In contract with
We are in contract with this food delivery company so that our employees can enjoy discounts when using its service.
Apart from ‘contract’ and ‘agreement’, the following two words have similar meanings.
1. Pact
We have signed a trade pact with a Japanese corporation to become their only agent in Hong Kong.
2. Treaty (agreement between countries)
The treaty has drastically strengthened the bonds of the two countries involved.
