Valid

Definition

• Having legal force. This means that a when a contract is valid, it is effective or binding by law.

Synonyms
legitimate, valid, actual, real, true, authentic

Related Terms and Acronyms

• Consent Judgement — Definition,
  • A judge's legally binding approval of a written agreement by the parties of a lawsuit.
• Void — Definition,
  • Of no legal effect. A nullity.