finite contract

USAGE SUMMARY

"finite contract" is a correct and acceptable phrase in written English.
It is used to describe a contract that has a predetermined end date. For example: "The two parties agreed to a finite contract that will last for six months."

✓ Grammatically correct

Computer Networks

Forbes

Journal of Economic Theory

Human-verified examples from authoritative sources

Exact Expressions

2 human-written examples

However, service level agreements (SLAs) commit a minimum connection uptime fraction over a finite contract duration.

Computer Networks

But it's one thing to come here on finite contract to work for low wages by U.S. standards but high wages by the standards of your home country.

Forbes

Human-verified similar examples from authoritative sources

Similar Expressions

58 human-written examples

The objectives of the paper are: (i) to identify properties of agents' preferences that determine whether or not finiteness of contracts causes significant inefficiency; (ii) to evaluate the performance of finite contracts against the ideal optimal contract in a bilateral bargaining model.

Journal of Economic Theory

We consider the extent that finite contracts can approximate a complete contract.

Journal of Economic Theory

The Securities & Exchange Commission and the Department of Justice are investigating the use of finite reinsurance contracts by the entire insurance industry and, surprisingly, Berkshire Hathaway has been pulled into the fray despite the company’s squeaky-clean reputation.

Forbes

Initially, the regulators' attention was centred on a "finite risk" reinsurance contract with General Re, a subsidiary of Mr Buffett's Berkshire Hathaway, that is thought to have boosted AIG's reserves artificially.

The Economist

But the period of the contract is finite (24 years) – a poor deal, if a good dramatic ploy.

The Guardian - Books

Many are already using such contracts to access finite resources.

The Guardian

An electrically-conducting couple stress non-Newtonian model is employed to accurately simulate physiological fluids in peristaltic flow through a sinusoidally contracting channel of finite length.

Mathematical Biosciences

For comparison purposes, we also derived the PDEs for the cost of CVA by relaxing the assumption of default-free replacement contracts with a finite number of counterparty defaults.

Mathematics-in-Industry Case Studies

Given this constraint, contracts among agents are necessarily finite and incomplete in comparison to the ideal complete contract that we model as infinite in detail.

Journal of Economic Theory

Expert writing Tips

Best practice

When using "finite contract", ensure that the context clearly defines what makes the contract 'finite,' such as a specific end date or a project-based duration.

Common error

Avoid using "finite" when you mean "limited" in scope or resources. "Finite" specifically refers to a contract's duration, not its terms or budget.

Linguistic Context

The phrase "finite contract" functions as a noun phrase, typically serving as the object of a verb or following a preposition. Ludwig AI states that this phrase is used to describe a contract that has a predetermined end date.

Expression frequency: Rare

Frequent in

Science

33%

News & Media

33%

Formal & Business

33%

Less common in

Encyclopedias

0%

Wiki

0%

Reference

0%

Ludwig's WRAP-UP

In summary, "finite contract" is a grammatically sound noun phrase used to denote agreements with a defined duration. While Ludwig AI confirms its correctness, its usage frequency is relatively rare. It's most commonly encountered in scientific, news, and formal business contexts. When using this phrase, ensure the limitation is clearly specified and avoid confusing it with terms like "limited" when describing scope rather than time.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

fixed-term contract

Specifies a contract with a predetermined and unchangeable duration.

limited-term agreement

Indicates an agreement that is valid only for a certain period.

temporary contract

Emphasizes the short-term nature of the contractual arrangement.

contract with a set duration

More explicitly defines the contract's time constraints.

time-bound contract

Highlights the importance of the time limitations within the contract.

contract of limited duration

Focuses on the restricted period for which the contract is effective.

short-term contract

Simple way of saying that the contract does not last very long.

specified contract length

Refers to the pre-agreed or determined length of the contract.

contract with an expiration date

Highlights the contract's clear end date or termination point.

fixed duration agreement

Stresses the fixed and predetermined nature of the agreement's timeline.

FAQs

What does "finite contract" mean?

A "finite contract" is an agreement that has a predetermined end date, meaning it is not intended to last indefinitely.

What can I say instead of "finite contract"?

You can use alternatives like "fixed-term contract", "limited-term agreement", or "temporary contract" depending on the context.

Is "finite contract" the same as "complete contract"?

No, a "finite contract" refers to the contract's duration, while a "complete contract" refers to the level of detail and comprehensiveness of the contract's terms.

How do I use "finite contract" in a sentence?

Here's an example: "The company offered him a "finite contract" for six months, with the possibility of renewal depending on performance."