Retained
/rɪˈteɪnd/
Definitions
- (adj.) Kept in possession or control, especially referring to rights, interests, or documents reserved by a party in a legal context.
The contract includes a retained right to audit the company's records.
Related terms
See also
Commentary
Often used in legal documents to indicate rights or clauses deliberately kept by a party rather than waived or assigned.
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.