Multilateral Agreement
/ˌmʌltɪˈlætərəl əˈɡriːmənt/
Definitions
- (n.) A legally binding contract involving three or more parties or states, establishing mutual rights and obligations.
The countries signed a multilateral agreement to reduce carbon emissions.
Forms
- multilateral agreements
Related terms
See also
Commentary
Multilateral agreements often arise in international law contexts, requiring careful attention to the obligations of multiple parties and the impact on sovereign rights.
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.