Legal Dictionary of Pakistan

Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.

aleatory

adj. dependent on uncertain contingencies. - also termed alea-toric.

aleatory contract

A contract in which at least one party's performance depends on some uncertain event that is beyond the control of the parties involved. Most insurance contracts are of this type. - Also termed hazardous contract. Cf. certain contract.

aleatory contract.

see contract.

aleatory promise

A promise conditional on the happening of a fortuitous event, or on an event that the parties believe is fortuitous.