Interpretation of contracts is said to make up a half of an English commercial lawyers diet. This statement seems to be hardly conceivable unless interpretation is understood in broad terms so as to encompass, among other things, the application of widely used clauses. The book highlights, based on the relevant case law, some of the important practical issues connected with contractual interpretation. This consideration determines the structure of the book: Part I outlines general approaches to interpretation prevalent in the legal systems under consideration; Part II analyses problems...