Increment
/ˈɪnkɹəmənt/
Definitions
- (n.) A legally recognized addition or increase, often referring to periodic salary raises or incremental changes in contract terms.
The employee received an annual increment as stipulated in the contract.
Forms
- increments
- incremented
- incrementing
Related terms
See also
Commentary
In legal drafting, clarity around the basis and conditions of increments, such as salary increases or phased contract amendments, is important to avoid disputes.
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.