What is another word for BINDING CONTRACT?
Pronunciation: [bˈa͡ɪndɪŋ kˈɒntɹakt] (IPA) 
A binding contract is an agreement that is legally enforceable. It is essential for all parties involved to fulfill their obligations as stated in the contract. However, in legal terminology, there are also other phrases that can be used instead of "binding contract." Some of the synonyms include "enforceable agreement," "legally binding document," "contractual obligation," "valid contract," and "contractual arrangement." Every legal document has its specific terms and conditions that both parties should agree upon before signing. A binding contract is necessary for conducting business and other transactions, and having a clear understanding of its terms is crucial for completing the terms successfully.
