Legal Definitions - issuable

Issuable describes something that is capable of being formally presented, created, or brought into existence, often with legal or official authority. It can also refer to a point or matter that is open for debate or dispute, or a potential result that could emerge from a process.

• Example 1: The startup's board of directors decided that additional stock options were issuable to key employees as part of their compensation package.

  Explanation: Here, "issuable" means that the stock options could be formally created and distributed by the company, indicating their capacity to be brought into existence and issued to individuals.

• Example 2: During the contract negotiation, the clause regarding intellectual property ownership was highly issuable, leading to extensive debate between the parties' legal teams.

  Explanation: In this context, "issuable" signifies that the clause was a point of contention, open to argument, challenge, and discussion between the negotiating parties.

• Example 3: Given the strong evidence presented by the prosecution, a guilty verdict was certainly issuable in the criminal trial, though the defense argued for acquittal.

  Explanation: This example uses "issuable" to indicate that a guilty verdict was a possible or potential outcome that could be reached by the court, based on the evidence presented.