contract extension
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contract extension
The extension of the term or validity of an existing contract beyond the originally agreed point in time.
Der Fußballspieler hat seine Vertragsverlängerung um zwei Jahre unterschrieben.
The soccer player signed his contract extension for two years.
The word is made up of three parts: 'der Vertrag' (the contract), the linking -s, and 'die Verlängerung' (the extension). So a 'Vertragsverlängerung' is literally the extension of a contract.
Die Fans hoffen auf eine baldige Vertragsverlängerung mit dem Star-Spieler.
The fans are hoping for a contract extension with the star player soon.
Common verbs used with this noun are 'eine Vertragsverlängerung anbieten' (to offer a contract extension), 'aushandeln' (to negotiate), or 'unterschreiben' (to sign).
Der Manager hat dem Mitarbeiter eine Vertragsverlängerung angeboten.
The manager offered the employee a contract extension.
To indicate the length of the extension, the preposition 'um' is used followed by the accusative.
Es geht um eine Vertragsverlängerung um drei Jahre.
It is about a contract extension of three years.
