Composition
/kɒmpəˈzɪʃən/
Definitions
- (n.) The act of settling a dispute by mutual agreement, especially in bankruptcy or debt contexts.
The creditors reached a composition to settle the debtor’s obligations.
- (n.) A written agreement or contract resulting from such a settlement.
The parties signed a composition to avoid further litigation.
- (n.) The makeup or structure of a legal document or statute.
The composition of the contract included various standard clauses.
Forms
- compositions
Related terms
See also
Commentary
In legal contexts, 'composition' often relates to compromise agreements resolving debts or disputes; it is distinct from purely literary or artistic uses.
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.