TERMIUM Plus^®

Record 1,  Textual support,  English

Record number: 1, Textual support number: 1 CONT

Smart contracts are self-executing contracts with the terms of the agreement between buyer and seller being directly written into lines of code. The code and the agreements contained therein exist across a distributed, decentralized blockchain network. Smart contracts permit trusted transactions and agreements to be carried out among disparate, anonymous parties without the need for a central authority, legal system, or external enforcement mechanism.  3, record 1, English, - smart%20contract

Record number: 1, Textual support number: 2 CONT

By agreeing to use a smart contract, the participating individuals effectively cede control over an aspect of the performance of a contractual obligation to a digitized process which cannot be reasoned with or influenced.  2, record 1, English, - smart%20contract

Record 1,  Textual support,  French

Record number: 1, Textual support number: 1 DEF

Contrat numérique basé sur la technologie des chaines de blocs qui permet le contrôle automatique de l'ensemble ou d'une partie des engagements des parties au contrat.  2, record 1, French, - contrat%20intelligent

Record number: 1, Textual support number: 1 OBS

Un engagement exécuté par une des parties est automatiquement répertorié dans la chaine de blocs. Ainsi, lorsque tous les engagements préalables à l'exécution d'une obligation ont été respectés, cette dernière s'autoexécute, sans qu'aucune des parties ne puisse s'y opposer.  3, record 1, French, - contrat%20intelligent

Record 1,  Textual support,  Spanish

Record 2,  Textual support,  English

Record number: 2, Textual support number: 1 CONT

What is split dollar life insurance? Exempt life insurance is comprised of an insurance protection component and a tax-deferred investment component. The split dollar concept recognizes that these components can be matched to the parties that require a particular benefit with each party entitled to an interest in the contract. The advantages of sharing the costs and benefits of one life insurance contract over each party owning individual policies are that the parties only purchase the aspect of the policy they want or need, which can result in cost savings and increased rates of return.  1, record 2, English, - split%20dollar%20life%20insurance

Record 2,  Textual support,  French

Record number: 2, Textual support number: 1 CONT

En quoi consiste l'assurance vie à prime partagée? Un contrat d'assurance vie exonéré se compose d'un élément protection d'assurance et d'un élément placement avec report d'impôt. Dans le cadre du concept de prime partagée, ces éléments peuvent être rattachés à chacune des parties selon les avantages qu'elles recherchent, chaque partie possédant un intérêt dans le contrat. Pour les parties, il est plus avantageux de répartir entre elles les coûts et les garanties d'un contrat d'assurance vie unique au lieu de souscrire chacune un contrat, car chacune achète alors uniquement l'élément du contrat qu'elle souhaite ou dont elle a besoin, ce qui se traduit par une économie de coût et un rendement accru.  1, record 2, French, - assurance%20vie%20%C3%A0%20prime%20partag%C3%A9e

Record 2,  Textual support,  Spanish

Record 3,  Textual support,  English

Record number: 3, Textual support number: 1 CONT

A contract is an agreement made between two or more parties that is enforceable by law. The enforcement aspect of a contract is important, because without the ability to enforce an agreement, neither party is required to honor the contract.  3, record 3, English, - aspect%20of%20a%20contract

Record number: 3, Textual support number: 2 CONT

An embedded derivative appears as a feature in a conventional contract that changes key elements of the contract in response to changes in a specified rate, price, index or other underlying variable.  2, record 3, English, - aspect%20of%20a%20contract

Record 3,  Textual support,  French

Record number: 3, Textual support number: 1 CONT

Un instrument dérivé incorporé apparaît comme une caractéristique dans un contrat conventionnel qui modifie les principaux éléments du contrat en réponse à des changements de taux, de prix, d'indices ou de toute autre variable sous-jacente.  2, record 3, French, - %C3%A9l%C3%A9ment%20d%27un%20contrat

Record 3,  Textual support,  Spanish

Record 4,  Textual support,  English

Record number: 4, Textual support number: 1 CONT

Liability, in law, an obligation of one party to another, usually to compensate financially. It is a fundamental aspect of tort law, although liability may also arise from duties entered into by special agreement, as in a contract or in the carrying out of a fiduciary duty.  2, record 4, English, - liability

Record 4,  Textual support,  French

Record number: 4, Textual support number: 1 DEF

Au sens large, lien de droit entre deux ou plusieurs personnes en vertu duquel l'une des parties, le créancier peut contraindre l'autre, le débiteur, à exécuter une prestation. (Lexique des termes juridiques, 15e édition, 2005, p. 426).  2, record 4, French, - obligation

Record 4,  Textual support,  Spanish

Record 5,  Textual support,  English

Record number: 5, Textual support number: 1 CONT

"The important aspect is that maintenance services can be financed out of cash flow.... To finance this level of support from cash flow, the operator can expect to pay about $300-500 per hour for a 737 power-by-the-hour contract that will provide full support for the direct maintenance cost".  1, record 5, English, - power%2Dby%2Dthe%2Dhour%20contract

Record 5,  Textual support,  French

Record 5,  Textual support,  Spanish