The 'Natural Meaning' of Contracts

Abstract

This article considers the concept of 'natural meaning' used in the construction of contracts. It considers the relevant theoretical aspects of construction law and the differences between linguistic meaning, legal effect and application of the contract. The conclusion is that ultimate question is always the meaning or application which the parties intended the words to have, whether natural or not.

Keywords: Contract law, Commercial construction

JEL Classification: K12, K40