/ˈprɪnsəpəlz tuː ðə ˈkɒntrækt/ – Phrase
Definition: người trực tiếp tham gia hợp đồng.
A more thorough explanation: “Principals to the contract” refers to the parties who are directly involved in the contract and who have the legal capacity to enter into the agreement. These parties are typically the individuals or entities who are bound by the terms and conditions of the contract and who have the authority to make decisions and take actions in relation to the contract.
Example: The principals to the contract, John Smith and Jane Doe, signed the agreement on behalf of their respective companies.