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Contractual Claim

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Contractual Claim
An amount that by legal agreement must be paid periodically to the buyer of a security; contractual claim may also specify the time at which the principal must be repaid and other details.
Contractual Claim
An amount to which one party of a contract is entitled. For example, if two parties agree to transfer a security in exchange for a fee, that fee is the contractual claim.


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The Service had maintained that back pay was a contractual claim and thus taxable.
Supreme Court denies exclusion for age discrimination damages by Barton, Peter C. / The Tax Adviser
Therefore, to the extent possible, it is essential to assert tort or tort-type claims in lieu of contractual claims.
Back pay awarded in employment discrimination dispute is taxable by Greenstein, Brian R. / The Tax Adviser
NYSE:RTI) announced today that it has settled its 1999 contractual claim for liquidated damages from the Boeing Commercial Airplane Group.
RTI And Boeing Settle Contract Claim by Business Wire
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