We have changed our privacy policy. In addition, we use cookies on our website for various purposes. By continuing on our website, you consent to our use of cookies. You can learn about our practices by reading our privacy policy.


Addendum

It was a long contract, but it wasn't complete. You had to add an "um" at the end.

The addendum you added was that the contract had to be signed by midnight on the 17th, or it was null and void. An addendum is markedly different from an amendment. Addendums usually tack on incremental terms, deadlines, and covenants, whereas amendments change pre-existing conditions for a deal to happen. Bottom line: caveat emptor.



Find other enlightening terms in Shmoop Finance Genius Bar(f)