Tier
/ˈtɪər/
Definitions
- (n.) A level or rank in a hierarchy, classification, or system often used in law to denote priority or categorization of rights, obligations, or penalties.
The statute establishes different penalty tiers based on the severity of the offense.
- (n.) In regulatory and contractual contexts, a grouping that segregates entities or conditions according to certain criteria, such as risk or compliance standards.
Companies are assigned into tiers depending on their compliance with data protection laws.
Forms
- tiers
Related terms
See also
Commentary
In legal drafting, specifying the tier clarifies prioritization or classification, aiding in structured regulatory or contractual frameworks.
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.