Judicial precedent definition

Judicial precedent means a judgment of a Court of law cited as an authority for deciding a similar set of facts; a case which serves as authority for the legal principle embodied in its decision. A judicial precedent is a decision of the Court used as a source for future decision making.
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Examples of Judicial precedent in a sentence

  • Judicial precedent regarding the rights of shareholders is more limited under Cayman Islands law than under U.S. law.

Related to Judicial precedent

  • Judicial commitment means a commitment by a court pursuant

  • Condition Precedent means a policy term or condition upon which the Insurer's liability under the policy is conditional upon.

  • Judicial Council’s Master Account means the Judicial Council’s billing account to which the Contractor is authorized to charge specifically identified charges under this Agreement.

  • Official proceeding means any proceeding before a legislative, judicial, administrative, or other governmental agency or official authorized to take evidence under oath and includes any proceeding before a referee, hearing examiner, commissioner, notary, or other person taking testimony or a deposition in connection with an official proceeding.

  • Conditions Precedent shall have the meaning set forth in Clause 4.2.