LEGAL INSTRUMENT Meaning and
Definition
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A legal instrument refers to a written document created and executed according to the requirements of the law, often serving as evidence or proof of a legally binding agreement or action. It is a broad term encompassing various types of written documents, such as contracts, wills, deeds, promissory notes, and statutes, among others. A legal instrument is typically designed to establish or verify legal rights, duties, obligations, or entitlements between two or more parties.
These documents are precise and formal in their language, with specific provisions and requirements that must be met for the agreement or action to be considered legally valid and enforceable. Legal instruments serve as a means to record and preserve legal transactions, ensuring clarity, certainty, and accountability.
The content of a legal instrument can include terms and conditions, rights and responsibilities, obligations and remedies, payment obligations, warranties, and provisions for dispute resolution. They are usually drafted by legal professionals who possess a thorough understanding of the applicable laws and regulations.
Legal instruments can have a variety of functions, including but not limited to establishing contracts between individuals or entities, transferring property or ownership rights, granting powers of attorney, creating trusts, or regulating the conduct of parties involved in a legal relationship. They provide a framework that allows for the enforcement of legal rights and obligations, offering legal recourse in case of non-compliance or breach of the agreement.
Common Misspellings for LEGAL INSTRUMENT
- kegal instrument
- pegal instrument
- oegal instrument
- lwgal instrument
- lsgal instrument
- ldgal instrument
- lrgal instrument
- l4gal instrument
- l3gal instrument
- lefal instrument
- leval instrument
- lebal instrument
- lehal instrument
- leyal instrument
- letal instrument
- legzl instrument
- legsl instrument
- legwl instrument
- legql instrument
Etymology of LEGAL INSTRUMENT
The word "legal instrument" does not have a specific etymology on its own as it is a combination of two separate words, "legal" and "instrument".
"Legal" comes from the Latin word "legalis", which means "of or belonging to the law". It is derived from "lex", the Latin word for "law".
"On the other hand, "instrument" originates from the Latin word "instrumentum", meaning "tool" or "implement". It is derived from the Latin verb "instruere", which means "to equip" or "to arrange".
When combined, "legal instrument" refers to a document or writing that is designed to create legal rights or obligations, such as a contract, deed, will, or court order.
