prenuptial contract

prenuptial contract definition - finance
A legal agreement, made between two people before they are married, that spells out how their property and assets will be split in the event that they are divorced. Prenuptials are individualized and may include whatever details the couple agrees on, including how financial or other responsibilities are to be shared during the marriage.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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