Industry Standard
/ˈɪndəstri ˈstændərd/
Definitions
- (n.) A set of guidelines or criteria widely accepted within a particular industry, often referenced in contracts and regulations to ensure uniformity and compliance.
The contract stipulated that the product must meet the industry standard for safety.
See also
Commentary
In legal drafting, referencing an industry standard can incorporate external technical requirements without fully restating them, aiding clarity and enforceability.
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.