Warning
Info
Warning
Info
Simple English definitions for legal terms
prospective
Read a random definition: implied license by acquiescence
A quick definition of prospective:
Prospective: Something that will happen in the future or is expected to happen. For example, a new law that will start working in the future is called a prospective law. Also, people who are likely to become customers are called prospective clients.
A more thorough explanation:
Definition: Prospective is an adjective that describes something that is likely to happen in the future or is expected to happen.
Example 1: The prospective application of the new law means that it will only apply to future cases and not to cases that have already been decided.
Example 2: The company is looking for prospective clients to expand its business.
Both examples illustrate the definition of prospective. In example 1, prospective is used to describe the future application of a new law. It means that the law will only apply to cases that happen after it is passed, not to cases that have already been decided. In example 2, prospective is used to describe potential clients that the company is hoping to acquire in the future.