Statute of repose

{
  "id": "MLC-T-LAW-004683",
  "term": "Statute of repose",
  "field": "Law",
  "definition": "A law that sets an absolute deadline for bringing a lawsuit, regardless of when the injury or damage was discovered. Unlike a statute of limitations, it begins to run from a specific event, such as the completion of a product or construction project. This provides a definitive end to potential liability.",
  "url": "https://mlchart.com/terminology/law/statute-of-repose/"
}