Inducement
/ɪnˈduːsmənt/
Definitions
- (n.) An act or thing that persuades or motivates someone to enter into a contract or agreement.
The promise of a bonus served as an inducement to sign the contract.
- (n.) In legal context, a factor or consideration that prompts assent to a contract beyond mere promise, sometimes evaluated in contract formation.
The inducement provided by the seller's guarantee influenced the buyer's decision.
Forms
- inducements
Related terms
See also
Commentary
Inducement often overlaps with consideration but highlights the persuasive aspect in contract law; drafters should distinguish inducement from coercion or fraud to clarify voluntary assent.
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.