So when you make a contract or deal, you can stipulate that a certain condition must be met. Anytime you draw up a legal agreement, you can stipulate a requirement that has to be met for that agreement to be complete. This stipulation might put some sort of limit on the agreement.

What is the purpose of a stipulation?

1) An agreement between the parties to a lawsuit. For example, if the parties enter into a stipulation of facts, neither party will have to prove those facts: The stipulation will be presented to the jury, who will be told to accept them as undisputed evidence in the case.

What is an example of stipulation?

The definition of a stipulation is a condition or term in an agreement, or the act of creating conditions and terms. An example of a stipulation is a clause in a contract promising a certain amount of money for extra labor performed. ... Something specified or agreed to, as in a contract.