What is stipulations meaning?

Stipulations refer to conditions or requirements that are put forward in an agreement, contract, or other binding document. These conditions are mutually agreed upon by the parties involved and must be met before the agreement can be considered complete or fulfilled. Stipulations can include a wide range of potential requirements, such as payment terms, delivery schedules, performance targets, and confidentiality provisions. Stipulations may also apply to legal proceedings, where parties may set certain conditions that must be met before a case can proceed. In summary, stipulations are a way of ensuring that both parties in an agreement are aware of and agree to the specific terms of the arrangement and that they are both committed to meeting their respective obligations.