Contract of Record Law and Legal Definition
A contract that is declared by a court and entered into the court's record is known as a contract of record. Contracts of record generally include judgments and recognizances. In England, this includes statutes staple. Contracts of record are not actual contracts. Contracts of record are transactions that are entered on the records of certain courts called ‘courts of record,’ and are conclusive proofs of the facts appearing thereby. This could be formerly enforced by action of law as though they had been put in the shape of a contract. These so-called contracts came to be called contracts only because they were enforceable by the same type of action as was used for genuinely contractual cases in the old common-law system.