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Definition of 'Addendum'
An attachment to an a document such as an insurance policy that changes the original policy conditions, either to include or exclude coverage. The addendum becomes part of the legal contract.
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Investopedia explains 'Addendum'
In insurance, endorsement is an addendum attached to the original policy that alters or replaces the previous provisions.
In real estate purchase agreements, an addendum is a document containing any changes or modifications negotiated in the original lease. Usually, an addendum is attached to the signed lease, as a part of the lease, and describes financing terms and property inspection requirements.
For contracts, if the addendum alters a contract, which has already been signed by all parties, it is known as an amendment.
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Search results for 'Addendum'
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http://www.investopedia.com/articles/pf/06/prenuptialagreement.asp
... marriage is an institution formalized by a legal contract and, to a certain segment of the population, the prenuptial agreement is simply an addendum to that ...
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http://www.investopedia.com/ask/answers/09/hypothecate.asp
... Answer: B The Hypothecation agreement is an addendum to the margin agreement, and more often than not, is required by broker-dealers. by Investopedia.com. ...
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http://www.investopedia.com/articles/pf/08/postnuptial-agreement.asp
... perspective. Viewing the situation as an addendum to a contract is a perspective that may make the process less emotionally challenging. ...
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