Potential
/pəˈtɛnʃəl/
Definitions
- (adj.) Capable of being legally enforced or realized under law, but not currently in effect.
The contract contains potential obligations contingent on future events.
- (n.) The possibility that a legal right or interest may develop or be asserted in the future.
The plaintiff holds a potential claim against the defendant subject to further evidence.
Related terms
See also
Commentary
In legal drafting, 'potential' often qualifies rights or obligations that are not immediately binding but subject to future conditions or activation.
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.