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Home > QFINANCE Dictionary > Definition of verbal contract

Definition of

verbal contract

General Management

oral, not written, agreement an agreement that is oral and not written down. It remains legally enforceable by the parties who have agreed to it.

Definitions of ’verbal contract’ and meaning of ’verbal contract’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’verbal contract’ and other financial terms with our online QFINANCE Financial Dictionary.

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