Literal contract


Also found in: Legal.
(Law) a contract of which the whole evidence is given in writing.

See also: Literal

Webster's Revised Unabridged Dictionary, published 1913 by G. & C. Merriam Co.
References in periodicals archive ?
The court rejected the insurer's literal contract interpretation, pointing out the adhesive nature of insurance contracts and the tendency of courts to look beyond the four comers of an insurance policy, and, instead, to focus on the reasonable expectations of insureds in determining whether insurers were liable for bad faith conduct.
Can insureds stop their carriers from settling claims?
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