What is another word for PAROL CONTRACT?
Pronunciation: [pˈaɹɒl kˈɒntɹakt] (IPA) 
A parol contract is an agreement made orally, rather than in writing. Synonyms for this term include verbal contract, spoken contract, and oral agreement. These synonyms all refer to a legally binding agreement that is made through spoken communication rather than through written documentation. Other synonyms for the term parol contract include unwritten contract, word-of-mouth agreement, and handshake deal. These alternative terms all convey the idea that an agreement has been made between two parties, but that this agreement is not formally documented in writing. Each of these terms can be used interchangeably with the term "parol contract" to describe a legal agreement that has been agreed upon without written documentation.
