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LSDefine
Simple English definitions for legal terms
signatory
Read a random definition: lease-purchase agreement
A quick definition of signatory:
Signatory: A signatory is a person or group that signs a document and becomes a part of an agreement. For example, if eight countries sign a treaty, they are all considered signatories to that treaty. Signatory can also be used as an adjective to describe something related to a signatory or the act of signing a document.
A more thorough explanation:
Definition: A signatory is a person or organization that signs a document and becomes a party to an agreement.
Example: Eight countries are signatories to the treaty.
Explanation: In this example, the eight countries signed the treaty and became parties to the agreement. They are considered signatories of the treaty.
Example: The CEO of the company was the signatory on the contract.
Explanation: In this example, the CEO signed the contract on behalf of the company and became a party to the agreement. The CEO is considered the signatory of the contract.