Absolute

From The Jolly Contrarian
Jump to navigation Jump to search
The Jolly Contrarian’s Dictionary
The snippy guide to financial services lingo.™

Index — Click ᐅ to expand:

Tell me more
Sign up for our newsletter — or just get in touch: for ½ a weekly 🍺 you get to consult JC. Ask about it here.

Absolute /ˈæbsəluːt/ (adj.)
An adjective that, for the most part, doesn’t do anything in a legal context, but which makes a legal eagle using feel better, and her counterpart somehow queasy, especially when juxtaposed with the noun “discretion”. This may cue up a lengthy argument, earnestly prosecuted in furtherance of their respective clients’ interests, which will lead to a stalemate somewhere in the vicinity of “good faith and a commercially reasonable manner”.

See also