Declaratory Judgement

Definition: A course of action declaring rights claimed under a contract or statute intended to prevent loss or to guide performance by the party or parties affected.

Pronunciation:    \di-ˈkler -ə-ˌtȯr-ē\\ˈjəj-mənt\

Used in a Sentence:   The broker felt he deserved a portion of the disputed funds so he filed for a declaratory judgement.

Back to blog

Most Popular Courses