Composite
/ˈkɒmpəzɪt/
Definitions
- (adj.) Made up of distinct parts or elements, often used to describe legal transactions or entities consisting of multiple components.
The contract was a composite agreement covering several independent obligations.
- (n.) An entity or instrument consisting of multiple combined parts, such as a composite document aggregating various clauses or a composite security made up of different financial instruments.
The court examined the composite to determine liability across its various components.
Forms
- composite
Related terms
See also
Commentary
In legal contexts, 'composite' typically characterizes complexity due to aggregation; care should be taken to specify the nature of combined elements when drafting.
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.