Age Of Majority

Business, Legal & Accounting Glossary

Definition: Age Of Majority


Age Of Majority

Quick Summary of Age Of Majority


Adulthood in the eyes of the law. After reaching the age of majority, a person is permitted to vote, make a valid will, enter into binding contracts, enlist in the armed forces and purchase alcohol. Also, parents may stop making child support payments when a child reaches the age of majority. In most states the age of majority is 18, but this varies depending on the activity. For example, in some states people are allowed to vote when they reach the age of eighteen, but can’t purchase alcohol until they’re 21.




What is the dictionary definition of Age Of Majority?

Dictionary Definition


The age at which a person, formerly a minor or an infant, is recognized by law to be an adult, capable of managing his or her own affairs and responsible for any legal obligations created by his or her actions.


Full Definition of Age Of Majority


A person who has reached the age of majority is bound by any contracts, deeds, or legal relationships, such as marriage, which he or she undertakes. In most states, the age of majority is eighteen, but it may vary depending upon the nature of the activity in which the person is engaged. In the same state, the age of majority for driving may be sixteen while that for drinking alcoholic beverages is twenty-one.

Another name for the age of majority is legal age.


Related Phrases


Child support
Homestead Exemption
Custodian
Pot trust
Driving Under the Influence (DUI)


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Age Of Majority. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/age-of-majority/ (accessed: December 08, 2022).
American Psychological Association (APA):
Age Of Majority. PayrollHeaven.com. Retrieved December 08, 2022
, from PayrollHeaven.com website: https://payrollheaven.com/define/age-of-majority/

Definition Sources


Definitions for Age Of Majority are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 9th October, 2021 | 0 Views.