Equation
/ɪˈkweɪʒən/
Definitions
- (n.) A statement that asserts the equality of two expressions, typically containing variables and constants.
The equation x + 2 = 5 illustrates a simple algebraic relationship.
- (n.) A formal statement in legal or contractual contexts expressing equivalence or balance between obligations or rights.
The contract included an equation defining the compensation formula.
Forms
- equations
Related terms
See also
Commentary
In legal drafting, 'equation' may be used metaphorically to describe balancing provisions or conditions, not just mathematical statements.
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.