What is UNDERTAKING?

Read in: Spanish

A promise, engagement, or stipulation. Each of the promises made by the parties to a contract, considered independently and not as mutual, may, in this sense, be denominated an "undertaking." "Undertaking" is frequently used in the special sense of a promise given in the course of legal proceedings by a party or his counsel, generally as a condition to obtaining some concession from the court or the opposite party.

More On This Topic



Link to This Definition

Did you find this definition of UNDERTAKING helpful? You can share it by copying the code below and adding it to your blog or web page.
Edited and fact checked by James: Google +