Using the Navigation Bar to Draft and Review Defined Terms | Read Between the Redlines

Author: Nada Alnajafi
Published: 13.01.2023
Understanding Defined Terms Defined terms are words within a contract that are assigned a special meaning within the four corners of the contract that is different from the ordinary, every-day definition of that word. Within contracts, defined terms are usually capitalized to signal to the reader that it is a defined term. For example, term vs. Term. The definition of the defined term is typically indicated by bolded styling and quotation marks, like “Term”, and can be found: in a definitions clause at the beginning of the agreement,in an index or glossary of definitions attached as an exhibit to the agreement,or…