Baseline
/ˈbeɪsˌlaɪn/
Definitions
- (n.) A minimum standard or starting point from which variations are measured.
The contract set a baseline for acceptable performance levels.
- (n.) In law, an initial benchmark or reference point used in negotiations or assessments.
The parties agreed to a baseline valuation before finalizing the deal.
Forms
- baselines
Related terms
Commentary
In legal drafting, defining a clear baseline helps avoid ambiguity in performance or compliance criteria.
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.