definition

  

Definitions (2)

1. General: Concise, exact statement that sets the boundaries or limits of (circumscribes) the subject matter to include what belongs to it and exclude what does not. Its objective is to give the subject matter a distinctive identity and precise meaning to prevent conflict, confusion, or overlap.
2. Law: The meaning of a term in a legal document as explicitly stated in that document, otherwise its statutory meaning (if it exists) or the customary meaning in the circumstances.

Related Videos




http://www.businessdictionary.com/definition/definition.html

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z