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framecontract

 

Definitions from the Web

Framecontract

Definition:

A framecontract is a written agreement between two or more parties that establishes the terms and conditions for future transactions or agreements within a given framework.


Senses:

  • Noun: An agreement specifying the general terms and conditions for future transactions.
  • Verb: To establish or enter into a framecontract.

Examples:

Noun:

  1. The company entered into a framecontract with the supplier for the purchase of raw materials.
  2. Always carefully review the framecontract before signing it.

Verb:

  1. They decided to framecontract their business partnership to ensure smooth operations.
  2. Before proceeding, we need to framecontract the terms and conditions that will govern our collaboration.

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