How to use stipulation in a sentence. What are stipulations mean? As part of the deal they will issue shares of their common stock with the stipulation that the shares cannot be traded for one year. During the course of a civil lawsuit, criminal proceeding, or any other type of litigation, the opposing attorneys may come to an agreement about certain facts and issues. In United States law, a stipulation is a formal legal acknowledgment and agreement made between opposing parties before a pending hearing or trial.
For example, both parties might stipulate to certain facts and so not have to argue them in court. After the stipulation is entered into, it is presented to the judge. This indeed had been the stipulation on which John had specially insisted.
The only stipulation was that his absence from home should not be less than a month. This is the true meaning of the stipulation, and is undoubtedly the sense in which it was made. Amended Board Rule NYCRR 300. Parties may stipulate to certain conditions or facts for a variety of reasons, including to avoid delays, and to eliminate the need to use valuable time proving facts that are not in dispute. The definition of a stipulation is a condition or term in an agreement, or the act of creating conditions and terms.
Stipulation Use of Form C-300. (more…)