Bindingness
/ˈbaɪndɪŋnəs/
Definitions
- (n.) The quality or state of being legally obligatory or enforceable.
The bindingness of the contract ensures both parties must fulfill their obligations.
Related terms
Commentary
Bindingness is a key factor in determining whether legal instruments impose duties that courts will enforce; clarity in drafting can help establish bindingness.
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.