Mutual Release
/ˈmjuː.tʃu.əl rɪˈliːs/
Definitions
- (n.) An agreement by which two or more parties mutually relinquish any claims or demands against each other.
The parties entered into a mutual release to avoid further litigation.
Forms
- mutual release
- mutual releases
Related terms
See also
Commentary
Typically drafted to ensure that all claims between parties are conclusively resolved, mutual releases often accompany settlement agreements to prevent future disputes.
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.