Stakes
/steɪks/
Definitions
- (n.) The interest or share a party has in the outcome of a legal dispute or transaction, often monetary or proprietary.
The stakes in the contract dispute were exceptionally high for both companies.
- (n.) The amount of money or value put at risk or wagered, especially in legal contexts involving gambling or contract enforcement.
He lost a large sum when he increased the stakes beyond his means.
Related terms
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Commentary
"Stakes" is typically used in the plural to denote the value or interest involved in legal matters; it is associated with risk and potential gain or loss in transactions or 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.