AB Initio
A Latin term which means “from the beginning”. You might see a contract referred to as “void ab initio”. This means it was invalid from the start, for example if th… Addenda/Addendum
A contract addendumadds new terms to an existing contract, while still keeping all the original terms in place.
Agreement
Any type of understanding or arrangement reached between two or more parties, whether in writing or not. An agreement isn’t legally binding though – a contr… Alternative Dispute Resolution
A way to resolve a contractual disputewithout going to court e.g. by mediation or arbitration. Some contracts contain a clause saying that if there’s a problem, then th… Amendments
Changes to a contractthat are made after it’s signed. These are almost always done in writing, and must be agreed and signed by all parties. Appendix/Appendices
Appendices usually appear at the end of a contract. They don’t change or affect the contract’s terms in any way – they just add extra information about it that y… Approval Workflow
An approval workflow is a process that allows legal teams to let business users work on their own contracts, usually from a template, but with safeguards … Arbitration
A form of alternative dispute resolution (ADR) to resolve contract disputes without going to court, using an independent tribunal. Some contracts includ… Assignment
Also called “novation”, this is when a party to a contract transfers their rights, obligations, or liabilities to someone else who wasn’t involved in the original c… Authorised Signatory
The authorised signatory is the individual or individuals empowered to sign legally binding contracts on the company's behalf. In early-stag… 