Financial Agreements

6 words in this vocabulary list

noun a mutual understanding or arrangement

adjective pertaining to or characterized by agreement

  • The two parties reached a mutual agreement on the terms of the contract.
  • We finally agreed on a plan for the weekend getaway.
  • Let's make a deal and shake on it, agreement?
  • Sometimes silence can be a silent agreement between two people.

verb to have a document officially certified by a notary public

adjective describing a document that has been officially certified by a notary public

  • The contract must be notarized before it is considered legally binding.
  • I need to get this document notarized before I can submit it.
  • I'll swing by the notary's office to get this paper stamped.
  • Her signature notarized our friendship, making it official.

adjective separate or distinct

adverb separately or individually

  • The committee members were severally responsible for different aspects of the project.
  • They each had their own roles to play in the project.
  • They all had their own jobs to do for the project.
  • Like pieces of a puzzle, they fit together severally to complete the project.

noun a lease of a property by a tenant to a subtenant

verb to lease a property from a tenant who is already leasing it

  • The tenant decided to sublease the apartment to someone else after receiving permission from the landlord.
  • I'm thinking about subleasing my place while I travel for a few months.
  • I heard Sarah is looking to sublease her spot in the city for the summer.
  • Sometimes we sublease our problems to others instead of dealing with them ourselves.

noun A word that represents a person, place, thing, or idea. In this case, 'stock sale agreement' is a noun as it represents a legal document outlining the terms of a sale of stocks.

  • The stock sale agreement outlines the terms and conditions of the transaction between the buyer and seller.
  • We finally signed the stock sale agreement for the company.
  • They sealed the deal with the stock sale agreement.
  • The stock sale agreement was like a handshake between the two parties, solidifying their agreement.

noun the right to use and enjoy the profits and advantages of something belonging to another as long as the property is not damaged or altered in any way

  • The usufruct of the property was granted to the tenant for a specified period of time.
  • The landlord allowed the tenant to use the property for a while.
  • The landlord let the tenant crash at the place for a bit.
  • She had the usufruct of the company's resources to complete her project.