back letter definition

back letter

Subsidiary or supplemental agreement (contract) between two or more parties drawn up to document their obligations and/or rights that (for whatever reason) could not be included in the original or principal agreement. A letter of indemnity, for example, is a back letter because it backs up a specific claim of a contracting party against the other.

back letter is in the Agreements & Contracts and Corporate, Commercial, & General Law subjects.

back letter appears in the other term: back to back letter of credit (L/C)

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