Event
/ɪˈvɛnt/
Definitions
- (n.) An occurrence or happening, especially one of legal significance.
The contract was breached during the event of force majeure.
- (n.) A scheduled or organized occasion, often contractual, affecting rights or duties.
The event of default triggered the penalty clause.
Forms
- events
Related terms
See also
Commentary
In legal contexts, 'event' often refers to occurrences that trigger contractual rights or obligations; clarity about the type of event is essential to avoid ambiguity.
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.