Drafting Skills · glossary
A word the contract gives one fixed meaning, written with a capital letter. Wherever it appears, its definition is read in its place. So a change to one definition changes every clause that uses the word. Agreement, clause 1.1 · Chapter 4 · see Extension Period, Initial Term
Explained in Chapter 4, Definitions in Contracts: Defined Terms That Drift, of Drafting Skills.
A defined term is a word the contract gives one fixed meaning. It starts with a capital letter, so the reader knows to look it up in clause 1.1. Wherever the word appears, you read its definition in place of the word. So a change to one definition changes every clause that uses the word.Read Chapter 4, Definitions in Contracts: Defined Terms That Drift →
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Where this term lives
This term is part of one fictional contract, from term sheet to signing, with every document attached and a test after every chapter. Open Drafting Skills → · All terms A–Z →