Contractual liability Contractual liability is a legal liability of another party that the business firm agrees to assume by a written or oral contract.
Contractual VMS A contractual VMS is a vertical marketing system which consists of independent firms at different levels of production and distribution who join together...
Contractual interest rate The contractual interest rate, often referred to as the stated rate, is the rate used to determine the amount of cash interest the borrower pays and the investor receives.
Definition