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Common Vocabulary in Commercial Legal English
A
abound
verb
■exist in large numbers or amounts
The benefits of plain English in legal writing abound.
accord
noun.
■an accepted offer by which the parties agree that a specified future performance will discharge in full an obligation when performed even though the performance is of less value than the original obligation.
Party A hereby agrees that these claims are resolved in full accord and satisfaction without protest.
verb
■grant or give, especially as being due or appropriate
The Buyer shall accord the Guarantee Engineer the treatment comparable to the Vessel’ Chief Engineer.
语源
cord = heart (ac- = ad- = to)
联想
accordance, according, discord, record
搭配
in accord and satisfaction
Party A hereby agrees that these claims are resolved in full accord and satisfaction without protest.
account
noun.
■an arrangement by which a body holds funds on behalf of a client or supplies goods or services to them on credit.
Unless the obligee has indicated a particular account, payment may be made by a transfer to any of the financial institutions in which the obligee has made it known that it has an account.
语源
count = count (ac- = ad- = to)
联想
accountable, discount, recount, counter
搭配
for the account of
All tooling costs associated with manufacturing products shall be for the account of party A.
open account ( shorten as “OA”)
Party A shall, within 90 days after the date of the bills of lading, on an open account basis, subject to the payment condition set forth in Subsection 4.2, pay the invoice value of the products to Party B’s designated bank account by means of telegraph transfer.
Payment term is 90 days open account after Bill of lading.
take something into account/ take account of: consider a specified thing along with other factors before reaching a decision or taking action
To take into account the different social, economic and legal systems.
Incoterms 2000 take account of the recent spr
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