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Business Definition for: addendum
addendum

something added, as an attachment to a contract . Commonly added addenda in real estate purchase agreements describe financing terms and property inspection requirements.

addendum

addition to a written policy.

See also rider , endorsement
addendum

(plural: ADDENDA) something added, as an attachment to a contract . Same as rider .

Example: An addendum to the contract of sale described the type of financing that the buyer must secure to be required to purchase the property.

Example: Commonly added addenda in real estate purchase agreements are for financing terms and property inspection requirements.

Copyright © 2007, 2000, 1997, 1987, by Barron's Educational Series, Inc. Reprinted by arrangement with Publisher.
Copyright © 2000, 1995, 1991, 1987 by Barron's Educational Series, Inc. Reprinted by arrangement with Publisher.
Copyright © 2004, 2000, 1997, 1993, 1987, 1984 by Barron's Educational Series, Inc. Reprinted by arrangement with Publisher.

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