stipulation

stipulation definition - business

stipulation

  1. An agreement between the parties or attorneys engaged in a legal dispute.
  2. A restriction to an agreement. For example, a person agrees to buy a used car, but only if the power steering is repaired.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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