Waning
/ˈweɪnɪŋ/
Definitions
- (adj.) Gradual decrease or diminution of a legal right, interest, or period, often relating to the decline of a statutory term or contractual obligation.
The waning period of the lease left the tenant uncertain about renewal terms.
- (v.) Present participle of wane; to diminish or decrease in force, intensity, or extent within a legal context.
The defendant’s influence over the corporation was waning after the court ruling.
Related terms
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Commentary
In legal drafting, 'waning' typically describes a period or right that is gradually decreasing, useful for highlighting diminishing obligations or rights without implying immediate cessation.
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.