| 词汇 | naked-contract |
| 释义 | naked contract noun[ C ] ukus LAW (alsonude contract); (or formalnudum pactum) an informal agreement that is not considered legal in a court of law: A naked contract is not enforceable. STOCK MARKET an agreement for options (= the right to buy shares, etc. in the future at a fixed price) for which the seller does not have the related shares: There are risks associated with writing naked contracts that one is unable to deliver. |
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