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Summary. 1. An amendment means changes made in an already existing agreement. On the other hand, an addendum means including an additional document in the already existing one. 2. While an addendum becomes a part of the legal and binding contract, amendments are only part of a contract until negotiations. 3. An amendment can also be called as correcting a document, improving the document, making alteration or including supplementary information to the first document.
An amendment is a change or addition to a contract after it has been ratified. Case in point is the example of our country's Constitution. The constitution was written as a contract between the first 13 states. James Madison promised to incorporate a Bill of Rights once the Constitution was ratified. Upon ratification of the constitution, the first 10 amendments were written.