legal effect
The term 'legal effect' is crucial in understanding how laws, decisions, and documents impact the rights and obligations of individuals or entities within the legal system.
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Definition
C1Law
(technical, formal)The consequence or outcome that a law, regulation, or legal document has on the rights and duties of those involved.
Example
- The contract's legal effect was to transfer ownership of the property to the buyer.
- The new regulation will have a significant legal effect on small businesses.
C1Law
(technical, formal)The enforceable impact that a legal instrument or action has, making it recognized by law.
Example
- The court's decision has a binding legal effect on all parties involved.
- This document will not have any legal effect until it is signed by both parties.
Similar
Terms that have similar or relatively close meanings to "legal effect":
legal consequencein effectlegally bindingtake effectlegal name