Advantages
/ˌædˈvæn.tɪdʒ.ɪz/
Definitions
- (n.) Benefits or favorable factors that provide a party a superior position or opportunity within a legal context.
The contract granted the supplier certain advantages in future negotiations.
Related terms
See also
Commentary
In legal drafting, 'advantages' often refer to positive conditions or rights conferred by agreements or statutes that may impact bargaining power or enforceability.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.