Financial Contracts

verb to exclude or leave out from a list or group

adjective excluded or not included in a particular list or group

• All employees are required to attend the meeting, with no one excepted.
• Everyone has to be at the party, no one excepted.
• You better finish your homework, no excuses excepted.
• The entire class aced the test, no one excepted from the success.

noun a noun referring to the act of indemnifying or the state of being indemnified, which means to secure against legal liability or loss

• The contract includes a clause for indemnification in case of any legal claims.
• Make sure you read the fine print for any indemnification details before signing the agreement.
• I've got your back, consider it an indemnification against any trouble.
• Her kindness served as an indemnification for the harshness of the world.

adverb in a way that cannot be changed, reversed, or recovered

• Once the contract is signed, the agreement becomes irrevocably binding.
• I accidentally deleted the file and now it's irrevocably lost.
• He messed up big time and now his reputation is irrevocably damaged.
• The scars from her childhood trauma are irrevocably etched into her psyche.

noun a condition or stipulation in a document or agreement

• The contract includes a proviso stating that all payments must be made within 30 days.
• Just a heads up, there's a proviso that we have to finish the project by next Friday.
• Hey, remember the proviso about not bringing outside food into the theater.
• In life, there's always a proviso that success comes with hard work and dedication.

verb to ring or sound a bell slowly and repeatedly, typically for a funeral or at a time of mourning

• The tolling of the church bells could be heard throughout the village.
• I heard the tolling of the bells as I walked by the church.
• The tolling of the bells woke me up this morning.
• The tolling of the clock symbolizes the passing of time.

adverb relating to a contract or contracts; according to the terms of a contract

• The terms of the agreement are contractually binding.
• We are contractually obligated to finish the project by next week.
• I can't hang out tonight, I'm contractually committed to studying.
• Their love was contractually sealed with a kiss.

noun a legal term referring to an action based on good faith

adjective describing the type of action being taken

• The concept of actio bonae fidei is crucial in contract law.
• You need to act in good faith when dealing with others, it's called actio bonae fidei.
• Don't try to cheat your way out of it, just stick to actio bonae fidei.
• In life, sometimes you just have to trust in actio bonae fidei and hope for the best.