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Release |
Definition - Transitive Verb 1 a : to relieve or free from obligation, liability, or responsibility <the debtor is
released from all dischargeable debts>
b : to give up (a claim, title, or right) to the benefit of another person
: See also
surrender 2 : to set free from confinement <was
released on personal recognizance>
Definition - Noun 1 a : discharge from an obligation or responsibility that bars a cause of action <did not effect a ~ of the school for any negligence>
b : the giving up or renunciation of a right or claim that bars a cause of action <was a ~ of the remainder of the debt>
A release may in some situations require consideration in order to be valid. A release of one joint obligor sometimes is considered to release all the obligors.
2 : an act or instrument that effects a release <signed a ~ issued by the insurer>
compare
hold harmless 3 : the act or instance of freeing esp. from custody
Based on Merriam-Webster's Dictionary of Law ©2001. Merriam-Webster, Incorporated Published under license with Merriam-Webster, Incorporated. http://www.m-w.com |
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