Compact
/ˈkɒmpækt/
Definitions
- (n.) A formal agreement or contract between parties, often to settle disputes or regulate conduct.
The parties entered into a compact to resolve the boundary dispute.
- (adj.) Binding by agreement or having the force of a contract.
The compact clause in the constitution governs agreements between states.
Forms
- compacts
Related terms
Commentary
In legal contexts, 'compact' often refers to interstate agreements, distinguished from ordinary contracts by constitutional or statutory authorization.
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.