abide by /əˈbaɪd baɪ/ (phrasal verb) to accept and act according to a law, an agreement, etc. Example: The two parties agreed to abide by the judge's decision
agreement /əˈɡriːmənt/ (noun) an arrangement, a promise or a contract made with somebody Example: According to the agreement, the caterer will also supply the flowers for the event
assurance /əˈʃʊrəns/ (noun) a statement that something will certainly be true or will certainly happen, particularly when there has been doubt about it Example: The sales associate gave his assurance that the missing keyboard would be replaced the next day.
cancellation /ˌkænsəˈleɪʃn/ (noun) a decision to stop something that has already been arranged from happening; a statement that something will not happen Example: The cancelation of her flight caused her problems for the rest of the week
determine /dɪˈtɜːrmɪn/ (verb) to discover the facts about something; to calculate something exactly Example: After reading the contract, I was still unable to detemine if our company was liable for back wages.
engage /ɪnˈɡeɪdʒ/ (verb) to succeed in attracting and keeping somebody’s attention and interest Example: He engaged us in a fascinating discussion about current business law
establish /ɪˈstæblɪʃ/ (verb) to start or create an organization, a system, etc. that is meant to last for a long time Example: The merger of the two company established a powerful new corporation
obligate /'ɔbligeit/ (verb) to bind legally or morally Example: The contractor was obligated by the contract to work 40 hours a week.
party /ˈpɑːrti/ (noun) a social occasion, often in a person’s home, at which people eat, drink, talk, dance and enjoy themselves Example: The parties agreed to settlement in their contract dispute.
provision /prəˈvɪʒn/ (noun) the act of supplying somebody with something that they need or want; something that is supplied Example: The father made provision for his children through his will.
resolve /rɪˈzɑːlv/ (verb) to find an acceptable solution to a problem or difficulty Example: The manager resolved to clean out all the files at the end of the week.
specific /spəˈsɪfɪk/ (adjective) connected with one particular thing only Example: The customer's specific complaint was not addressed in his e-mail.