legally binding

"Legally binding" means that a contract or agreement is enforceable by law. When parties sign or agree to something that is legally binding, they are committed to fulfilling their obligations, and if they don’t, the other party can seek legal remedies, such as compensation or specific performance. It creates a legal duty to act or refrain from acting, and failing to comply can result in legal consequences. Essentially, it’s a formal promise recognized by the law, ensuring that the commitments made are enforceable and protected under the legal system.