Stock Purchase Agreement
/ˈstɒk ˈpɜːrtʃəs əˌgriːmənt/
Definitions
- (n.) A legally binding contract between a buyer and seller detailing terms for the sale and transfer of company stock.
The parties finalized the stock purchase agreement to complete the acquisition.
Forms
- stock purchase agreement
- stock purchase agreements
Related terms
See also
Commentary
Typically negotiated to address representations, warranties, covenants, and closing conditions; precision in defining stock type and price is critical.
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.