Release Agreement
/rɪˈliːs əˈɡriːmənt/
Definitions
- (n.) A contract in which one party relinquishes the right to make a claim or pursue a legal action against another party.
The parties signed a release agreement to settle the dispute and avoid litigation.
Forms
- release agreement
- release agreements
Related terms
See also
Commentary
Typically used to manage risks by formally ending potential or ongoing claims; clarity in scope of released claims is essential to avoid 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.