Are oral and written contracts both considered verbal contracts? If so, what’s the difference?
Oral (adjective):
- The adjective oral means “relating to speech or spoken words”: “They made an oral agreement to sell the farm.”
Written (adjective):
- The adjective written means “relating to communications via words on a tangible medium or in digital format”: “They signed the written agreement to sell the farm.”
Verbal (adjective):
- The adjective verbal means “consisting of words.” Thus, both oral and written contracts are verbal contracts.
Rule: Avoid using “verbal” to refer to an oral contract, agreement, or promise. The word creates ambiguity. Instead, use oral or written.