Words / E / Law

entire fairness

noun

C2CEFR level
85/100Rarity: very rare
TechnicalRegister

The most exacting standard of review, testing both fair dealing and fair price, applied to conflicted-controller transactions.

Because the controller sat on both sides, the court applied entire fairness and the board's cleansing committee was picked apart.

Topic: Corporate law in Legal English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More law words: Corporate law