Feasibility
/ˌfiːzəˈbɪləti/
Definitions
- (n.) The assessment of whether a proposed plan, project, or contract is practical and likely to succeed under legal and regulatory frameworks.
The court considered the feasibility of enforcing the arbitration clause before proceeding.
- (n.) The determination of the practicality and likelihood of compliance with statutory or contractual conditions.
The feasibility of complying with the zoning laws was a critical factor in the permit approval process.
Related terms
See also
Commentary
Feasibility in legal contexts often involves evaluating enforceability and compliance risks, not solely economic or technical concerns.
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.