implicit contract

English - Turkish

Definition of implicit contract in English Turkish dictionary

(Ticaret) örtülü sözleşme

English - English

Definition of implicit contract in English English dictionary

an informal agreement between a firm and its customers or between a firm and its employees (chapter 11)

an unwritten understanding between two groups involved in an exchange, such as an understanding between employer and employees that employees will receive a stable wage throughout fluctuating economic conditions

Hyphenation

im·plic·it con·tract

Turkish pronunciation

împlîsıt kınträkt

Pronunciation

/əmˈpləsət kənˈtrakt/ /ɪmˈplɪsət kənˈtrækt/