English Vocabulary for Contracts

1. I really believe that it is in our company's __________________________ ( = it would be

beneficial for our company) to sign this contract.
good interest
best interest
best practices

2. Negotiation frequently involves compromise. Too much __________________________,
however, can be a bad thing.
fluctuation
flexing
flexibility

3. Many negotiators __________________________ ( = develop) their own contracts before
entering into negotiations.
write in
write up
write out

4. We need to __________________________ ( = clearly define) this point - it's a little ambiguous.
clarify
clarity
clear

5. I'm not too __________________________ on what you mean by that = I don't really understand
what you mean by that
clear
clarity
clarify

6. You will see that this contract __________________________ all the terms that we agreed upon
during negotiations.
produces
promotes
includes

7. He came into negotiations with a __________________________ list of items ( = a list of items
arranged by priority).
prioritized
priority
prior

8. Our estimate was based on the __________________________ for proposal (RFP) that we
received from them on August 20th.
request
requirement
recourse

9. A "__________________________" is an important point (for one or more parties) that, if not
agreed upon, will mean that the contract will not be signed.
deal-burrier
deal-breaker
contract-breaker

10. Would it be possible to __________________________ ( = get rid of/ not include) these fees?
wave
waif
waive

11. We __________________________ a contract with them = We signed a contract with them
turned over
came along
entered into

12. Could you please confirm that __________________________?
by writing
writing
in writing

13. This is the __________________________ ( = typical, normal) contract that we give to all our
employees.
standing
standard
standards

14. Every business relationship requires a little __________________________.
take-and-give
to-give-to-take
give-and-take

15. et's __________________________ ( = think of/ define) a figure that will be acceptable to both
of us.
come out with
come up with
get in with