What is signatory definition?

A signatory is an individual or entity that signs a legal document or agreement to indicate their agreement or endorsement. In order to be legally binding, legal documents often need to be signed by all parties involved, including signatories. A signatory can be a person, corporation, organization, or government agency. In some cases, multiple signatories may be required, such as when parties must be represented by their authorized agents or attorneys. It is important to note that signing a document as a signatory constitutes consent and acceptance of its terms, which may have legal and financial implications.