Releasee: meaning, definitions and examples
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releasee
[ rɪˈliːsi ]
contract law
A releasee is a person or entity that has been granted release from a liability or obligation by a release. This term is commonly used in legal contexts, referring to someone who is relieved from certain responsibilities by an agreement.
Synonyms
dischargee, exempted party.
Examples of usage
- The releasee was no longer responsible for the damages caused.
- The contract clearly states the obligations of the releasee.
- In this case, the releasee accepted the terms laid out in the agreement.
Etymology
The term 'releasee' derives from the word 'release', which comes from the Old French 'relacier' meaning to loosen or set free, and has roots in Latin 're-laxare', meaning to relax. In legal terminology, it refers to the individual or entity that is relieved of obligations or liabilities through a formal agreement or release document. This term has evolved alongside legal frameworks and documentation practices over centuries, emphasizing the importance of contractual agreements in defining responsibilities and protections between parties in both personal and professional contexts.