freedom of contract

Legal Definition of freedom of contract

: a power or right to contract and freely determine the provisions of contracts without arbitrary or unreasonable legal restrictions especially as guaranteed under the contract clause of Article I, Section 10 of the U.S. Constitution

called also freedom to contract, liberty of contract

Learn More About freedom of contract

Dictionary Entries Near freedom of contract

freedom of association

freedom of contract

freedom of expression

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Cite this Entry

“Freedom of contract.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/freedom%20of%20contract. Accessed 27 Sep. 2022.

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