Inception
/ɪnˈsɛpʃən/
Definitions
- (n.) The beginning or commencement of a legal right, obligation, or document, especially the start date of an insurance policy or contract.
The inception of the insurance policy was clearly stated as January 1st.
- (n.) The point at which a cause of action or liability arises under the law.
The inception of liability occurred when the defendant breached the contract.
Related terms
See also
Commentary
In legal drafting, specifying the inception date precisely is crucial, as it determines the validity and applicability period of legal instruments.
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.