Legal Stability
/ˈliːɡəl ˈsteɪbɪlɪti/
Definitions
- (n.) The principle or condition under which laws and legal decisions are consistent, predictable, and durable over time.
Legal stability fosters confidence among investors by ensuring that regulatory frameworks do not change arbitrarily.
Related terms
See also
Commentary
Legal stability is critical in drafting legislation and contracts to avoid frequent changes that undermine rights and obligations.
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.