Maximums
/ˈmæk.sɪ.məmz/
Definitions
- (n.) Plural of maximum: the greatest or highest amount legally permitted or capable under a rule or law.
The contract set maximums on liability for damages.
Forms
- maximum
Related terms
See also
Commentary
Used primarily to denote the highest legal limits, often in statutes or contracts.
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.