Contracting party

Contracting party,

Definition of Contracting party:

  1. 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.

Meaning of Contracting party & Contracting party Definition

Contracting Party,

How Do You Define Contracting Party?

Contracting Party definition is: The person who applies for insurance and enters into an insurance agreement with the insurance company. The contractor is also considered insured, unless stated in the insurance policy. During the term of the insurance, all rights and obligations arising from the insurance of this agreement, except those due to their nature, must be fulfilled by the insurance.

Literal Meanings of Contracting Party

Contracting:

Meanings of Contracting:
  1. Make formal and legally binding agreements.

  2. Catch or Prepare (Disease or Infectious Agent)

  3. Your debt

  4. Written or verbal agreements, including, but not limited to, employment, sales, or lease agreements, which are aimed at legal force.

Sentences of Contracting
  1. When it cools, the glass contracts

  2. Local authorities will employ various agencies to provide services

  3. Three people infected with the deadly virus

  4. 3 3,300. Loan

  5. Just signed with the club

Synonyms of Contracting

agreement, become liable to pay, develop, be taken ill with, commit oneself, pact, bond, be struck down with, become infected with, arrangement, shrink, engage, come down with, compact, get, pick up, succumb to, understanding, acquire, undertaking, get smaller, promise, catch, fall ill with, commitment, undertake, be stricken with, covenant

Party:

Meanings of Party:
  1. A gathering of guests, usually involving food, drink and entertainment.

  2. Formally formed political groups, which usually operate at the national level, want to run in elections and form or participate in government.

  3. One or more people who are part of an agreement or dispute.

  4. Have fun at parties or other festive gatherings, usually with drinks and music.

  5. Divided into different colored parts.

Sentences of Party
  1. Engagement ceremony

  2. The dominant conservative party

  3. Agreement between the two parties

Synonyms of Party

have a wild time, set, litigant, social occasion, reunion, caucus, at-home, jamboree, affiliation, sect, festivity, faction, grouping, gathering, celebration, have a party, rave it up, social function, movement, junta, function, cabal, carouse