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Interpretation or construction is central to the operation of contract law. Despite the fundamental role it plays, there have been very limited attempts to explain construction in holistic terms. This important book aims to fill that gap by offering a systemic exposition of the iterative process. It goes further, suggesting practical solutions to disputes on the question of interpretation. The book argues that construction is not simply inferring meaning from the words in the contract. What is involved is in fact a four step process involving formulating the key question of interpretation under dispute; exploring competing answers to the dispute; exploring the admissible material supporting the interpretation; and weighing up the competing considerations. By so doing, it offers a simple yet sophisticated framework for interpreting/constructing contracts.