| gen. |
contracting party (Entity who enters into a binding agreement with one or more other contracting parties and thus accepts the benefits and obligations specified therein. For a contract to be valid, every contracting party to a contract must be a competent party. Use contracting party in a sentence A contracting party must have the capacity to sign a contract and must be at least age 18 and mentally competent. Source: Tibaldo: Things we need to know before signing a contract | Sun.Star Read more:  businessdictionary.com Alexander Demidov) |
