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aleatory contract meaning in Hindi

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aleatory contract sentence in Hindi
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Examples

  1. Its central theme was ancient and medieval work on the law of evidence, which developed concepts like half-proof, similar to modern proof beyond reasonable doubt, as well as analyses of aleatory contracts like insurance and gambling.
  2. The more reasonable course, requiring an insurable interest as a prerequisite for the purchase of insurance, was pioneered in England, making insurance more than a mere game of chance, improving the repute of the insurance industry ( formerly frowned upon as an aleatory contract ), and gaining wider acceptance for it.

Meaning

noun.
  1. a contract whose performance by one party depends on the occurrence of an uncertain contingent event (but if it is contingent on the outcome of a wager it is not enforceable)

Related Words

  1. aldus page maker
  2. ale
  3. ale drinker
  4. aleatoric theory
  5. aleatory
  6. aleatory element
  7. aleatroy
  8. alec
  9. alecithal
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