non-binding contract

Frequency: 7.010.5 per million words

Refers to a contract that is not legally enforceable by law.

non-bindingADJECTIVE + NOUN

Categories:

contract

Examples (10)

  • The parties signed a non-binding contract to outline their intentions.
  • A non-binding contract offers flexibility but lacks legal enforceability.
  • They drafted a non-binding contract before committing to a formal agreement.
  • This preliminary agreement serves as a non-binding contract.
  • Despite being a non-binding contract, both sides respected its terms.
  • Always understand the implications of a non-binding contract.
  • The lawyer explained the differences between a binding and a non-binding contract.
  • It was merely a non-binding contract to set expectations.
  • We decided on a non-binding contract for the initial phase of the project.
  • A non-binding contract can be useful for exploratory discussions.