What does undertaking mean in legal terms?
What does undertaking mean in legal terms?
In a finance or property law context, in some cases, an agreement or promise to do or provide something, or to refrain from doing or providing something, which is meant to be binding on the party giving the undertaking.
Will have many undertakings meaning?
a job, task, or piece of work that someone has decided or agreed to do: a big/enormous/major undertaking This is an enormous and most ambitious undertaking. formal. a formal promise: an undertaking to do sth Many banks have given undertakings to lend more.
What is an undertaking used for?
Undertakings are used for example, to facilitate the transfer of files from one practitioner to another or where third party service providers are engaged on behalf of a client. Undertakings are also used by legal practitioners before the Courts.
Which is the best definition of the word undertaking?
1a : the act of one who undertakes or engages in a project or business.
What do undertakings mean in the medical field?
Undertakings are an agreement between us and a doctor about the doctor’s future practice. commit a doctor to retrain. See our undertakings bank – the standard wording we use when agreeing undertakings with a doctor. See our undertakings glossary – which explains what our undertakings might mean in practice. When are undertakings appropriate?
What’s the difference between a job and an undertaking?
› a job, task, or piece of work that someone has decided or agreed to do: a big/enormous/major undertaking This is an enormous and most ambitious undertaking. › formal a formal promise: an undertaking to do sth Many banks have given undertakings to lend more.
What’s the difference between an undertaking and a commitment?
Undertakings are an agreement between us and a doctor about the doctor’s future practice. commit a doctor to retrain. See our undertakings bank – the standard wording we use when agreeing undertakings with a doctor. See our undertakings glossary – which explains what our undertakings might mean in practice.