stipulation

Definition

The non-negotiable condition buried in contracts and agreements that you'll regret not reading more carefully six months from now. In legal proceedings, it's when both parties agree on certain facts to avoid arguing about literally everything. These are the 'terms and conditions' that everyone clicks 'accept' on without reading, later wondering how they agreed to binding arbitration in Delaware.

Example Usage

The settlement included a stipulation that he couldn't work for a competitor for two years.

Source: Common legal terminology

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