/kənˈtræktʃuəl prəˈvɪʒən/ – Phrase
Definition: điều khoản hợp đồng.
A more thorough explanation: A contractual provision refers to a specific clause or term included in a legally binding agreement or contract between parties. This provision outlines the rights, obligations, responsibilities, or limitations of the parties involved in the contract. It serves as a legally enforceable part of the agreement and helps to define the terms and conditions under which the parties are bound to act.
Example: The contractual provision stipulates that both parties must provide written notice of any changes to the agreement at least 30 days in advance.