合同术语英译商务合同关于.docVIP

合同常用术语 AS IS A contract term by which the buyer of goods takes them in the condition they are in without any warranties or guarantees for better or for worse. ASSIGNMENT The transfer of rights, title, interest, and benefits of a contract from one party (the assignor) to another individual or entity (the assignee) that was not a party to the initial contract. AT SIGHT A term in a financial instrument under which the instrument is payable on presentation or demand. Example: a bill of exchange that is payable at sight is payable at the time the person for whom the bill is drawn (the drawee) presents it to a bank (the payee). ATTACHMENT The legal process for seizing property before a judgment to secure the payment of damages if awarded. Attachment may be sought before commencing a court action or during the action. This process is also referred to as sequestration. Example: a party who claims damages for breach of contract may request a court to issue an order freezing all transfers of specific property owned by the breaching party pending resolution of the dispute. AUTHENTICATION The act of conferring legal authenticity on a written document, typically made by a notary public, who attests and certifies that the document is in proper legal form and that it is executed by a person identified as having authority to do so. Authentication is also referred to as acknowledgment. AVOIDANCE Cancellation of a contract by law when an event renders performance impossible or inequitable, with the result that the parties are released from their obligations. BAILMENT A delivery of goods into the possession of another (the bailee) under an express or implied contract and for a particular purpose related to the goods while possessed by the bailee, who has a duty to return them to the owner (the bailor) or to dispose of them pursuant to the bailors instructions after the purpose has been accomplished. For example, a seller who delivers goods to a shipper with instructions to trans