Synonyms/Hypernyms (Ordered by Estimated Frequency) of noun oral_contract

1 sense of oral contract

Sense 1
oral contract -- (an agreement that is not in writing and is not signed by the parties but is a real existing contract that lacks only the formal requirement of a memorandum to render it enforceable in litigation)
       => agreement, understanding -- (the statement (oral or written) of an exchange of promises; "they had an agreement that they would not interfere in each other's business"; "there was an understanding between management and the workers")