Vocab Bloom Hub

output contract

/ˈaʊtpʊt ˈkɒntrækt/

Traduction: Accord juridique par lequel un vendeur s'engage à vendre à un acheteur la totalité de sa production d'un bien ou service donné, l'acheteur s'engageant à acheter tout ce volume.

1 entrée

phrase

/ˈaʊtpʊt ˈkɒntrækt/C1formallegal
  • frAccord juridique par lequel un vendeur s'engage à vendre à un acheteur la totalité de sa production d'un bien ou service donné, l'acheteur s'engageant à acheter tout ce volume.

A legal agreement in which a seller agrees to supply all of their production of a specific good or service to a buyer, who in turn agrees to purchase the entire output.

  1. Output ContractC1formal

    A legal agreement in which a seller agrees to sell all of their production or output to a specific buyer, and the buyer agrees to purchase it.

    frcontrat d'écoulement

    • The farmer signed an output contract to sell all his grain to the local mill.
    • Under the output contract, the manufacturer must supply all its widgets to the distributor.
    • The court ruled that the output contract was valid and enforceable.