Legal Value
/ˈliːɡəl ˈvæljuː/
Definitions
- (n.) The worth or significance assigned to something under the law, often determining its enforceability or recognition in legal proceedings.
The contract's legal value was upheld by the court despite the dispute.
- (n.) The monetary or evidential worth given to a document, act, or right within a legal context.
The notarized document had full legal value as proof of ownership.
Forms
- legal value
Related terms
See also
Commentary
Legal value often guides whether a transaction or document is recognized and enforceable; clarity in drafting should specify the type of value intended.
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.