contracting party
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contracting party
One of the persons, organizations, or legal entities that enter into a contract with one another and are legally bound by it.
Beide Vertragsparteien müssen das Dokument unterzeichnen, damit es gültig wird.
Both contracting parties must sign the document for it to become valid.
This word is made up of 'Vertrag' (contract), the linking -s, and 'Partei' (party). So it literally describes a 'party to a contract'.
Die eine Vertragspartei ist der Käufer, die andere der Verkäufer.
One contracting party is the buyer, the other is the seller.
'Vertragspartei' (contracting party) is a formal term from legal and business language. You will mainly find it in contracts, official documents, and legal texts.
Im Mietvertrag sind die Rechte und Pflichten beider Vertragsparteien genau festgelegt.
The rights and obligations of both contracting parties are precisely defined in the rental contract.
Common verbs used with 'Vertragspartei' (contracting party) are 'einen Vertrag schließen' (to conclude a contract), 'den Vertrag unterzeichnen' (to sign the contract), or 'sich an die Vereinbarungen halten' (to abide by the agreements).
Jede Vertragspartei erhält eine Kopie des unterschriebenen Dokuments.
Each contracting party receives a copy of the signed document.
contracting party
Both words can refer to one side of a contract. „Vertragspartner“ emphasizes the relationship with the other side and is especially suitable in direct business dealings. „Vertragspartei“ is the formal term for a party that is legally bound by the contract.
Im Vertrag sind beide Unternehmen als Vertragsparteien genannt.
The contract names both companies as contracting parties.
Wir besprechen die verspätete Lieferung morgen mit unserem Vertragspartner.
We will discuss the delayed delivery with our contracting party tomorrow.
