Contracted time refers to the time a person allocates toward an agreement to work or study. When a person is using contracted time to commute this person understands that this travel time is directly related to paid work or study and any break in this commute time directly affects job or school-related performance.
Also know, what is the meaning of duration of contract?
Definition: An indefinite duration contract of employment was a contract between the employee and the employer, for which the actual duration of the contract has not been agreed in advance.
What do we mean by terms of a contract?
A contractual term is "Any provision forming part of a contract". Each term gives rise to a contractual obligation, breach of which can give rise to litigation. Not all terms are stated expressly and some terms carry less legal gravity as they are peripheral to the objectives of the contract.
What is definite terms in a contract?
Contracts of employment may be entered into for a fixed term or for an indefinite term. A fixed term contract can be successively renewed up to a maximum period of 4 years after which the employee shall be considered to be under a contract of indefinite duration.