MLchartDataset catalogue

Release

Term · Law · MLC-T-LAW-004203

A legal instrument in which one party forfeits a legal right, claim, or cause of action against another party. Executing a release discharges the released party from any further liability related to the specified matter, preventing future lawsuits on that issue. A valid release is a contract and must be supported by consideration, such as a monetary settlement payment.

Table 1. Record
IdentifierMLC-T-LAW-004203
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-004203",
  "term": "Release",
  "field": "Law",
  "definition": "A legal instrument in which one party forfeits a legal right, claim, or cause of action against another party. Executing a release discharges the released party from any further liability related to the specified matter, preventing future lawsuits on that issue. A valid release is a contract and must be supported by consideration, such as a monetary settlement payment.",
  "url": "https://mlchart.com/terminology/law/release/"
}

Record 4,265 of 5,445 in Law terminology (MLC-0107). Request the full dataset.