MLchartDataset catalogue

Output contract

Term · Law · MLC-T-LAW-003588

An agreement where a buyer agrees to purchase all of the goods or services that a seller produces. The quantity is not fixed but is determined by the seller's actual output during a specified period. These contracts are common in industries with variable production, such as agriculture.

Table 1. Record
IdentifierMLC-T-LAW-003588
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-003588",
  "term": "Output contract",
  "field": "Law",
  "definition": "An agreement where a buyer agrees to purchase all of the goods or services that a seller produces. The quantity is not fixed but is determined by the seller's actual output during a specified period. These contracts are common in industries with variable production, such as agriculture.",
  "url": "https://mlchart.com/terminology/law/output-contract/"
}

Record 3,587 of 5,441 in Law terminology (MLC-0107). Request the full dataset.