requirements contract

noun

An agreement in which in which one party agrees to supply as much of a good or service as is required by the other party, and in exchange the other party expressly or implicitly promises that it will obtain its goods or services exclusively from the first party.

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Meanings

nounrequirements contract (plural requirements contracts)

plural requirements contracts

  1. lawAn agreement in which in which one party agrees to supply as much of a good or service as is required by the other party, and in exchange the other party expressly or implicitly promises that it will obtain its goods or services exclusively from the first party.
Cite this entry
APA

requirements contract. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/requirements%20contract

MLA

“requirements contract.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/requirements%20contract. Accessed November 4, 2026.

Chicago

WatkinsX Dictionary, s.v. “requirements contract,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/requirements%20contract.

Source: requirements contract on Wiktionary, CC BY-SA 4.0.