Amendment

Business, Legal & Accounting Glossary

Definition: Amendment


Amendment

Quick Summary of Amendment


The modification of materials by the addition of supplemental information; the deletion of unnecessary, undesirable, or outdated information; or the correction of errors existing in the text.




What is the dictionary definition of Amendment?

Dictionary Definition


A change or addition to a legal document which, when properly signed, has the same legal power as the original document.


Full Definition of Amendment


In practice, a change in the pleadings—statements of the allegations of the parties in a lawsuit—may be achieved if the parties agree to the amendment or if the court in which the proceeding is pending grants a motion for the amendment made by one party. A judgment may be altered by an amendment if a motion to do so is made within a certain time after its entry and granted by the court. The amendment of pleadings and judgments is regulated by state codes of Civil Procedure and the rules of federal civil procedure.

A constitution or a statute may be changed by an amendment.

A will, trust, corporate charter, and other legal documents are also subject to amendment.


Examples of Amendment in a sentence


You may need to make an amendment to your rules if something comes up that really needs to be changed.

The Congress, whenever two-thirds of both Houses shall deem it necessary, shall propose Amendments to this Constitution, or, on the Application of the Legislatures of two-thirds of the several States, shall call a Convention for proposing Amendments, which, in either Case, shall be valid to all Intents and Purposes, as Part of this Constitution, when ratified by the Legislatures of three-fourths of the several States, or by Conventions in three fourths thereof, as the one or the other Mode of Ratification may be proposed by the Congress; Provided that no Amendment which may be made prior to the Year One thousand eight hundred and eight shall in any Manner affect the first and fourth Clauses in the Ninth Section of the first Article; and that no State, without its Consent, shall be deprived of its equal Suffrage in the Senate.

Several amendments have been made to the original US Constitution, including the prohibition of alcohol, voting rights for women, and equal voting rights for all races.


Related Phrases


Constitutional Amendment
Securities Investor Protection Act of 1970
Shareholder Communications Improvement Act
Retirement Equity Act of 1984
Fair Credit Billing Act
Lilly Ledbetter Fair Pay Act
Automated Direct Debit Amendment and Cancellation Service (ADDACS)
debenture redemption reserve
initial
Foreign Corrupt Practices Act (FCPA)
supermajority
Automated Direct Debit Amendment and Cancellation Service (ADDACS)
Securities Acts Amendments of 1975
Investment Company Amendments Act of 1970


Amendment FAQ's


What Is An Amendment?

A change or addition to a legal document which, when properly signed, has the same legal power as the original document.


Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/amendment/
Modern Language Association (MLA):
Amendment. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
January 26, 2022 https://payrollheaven.com/define/amendment/.
Chicago Manual of Style (CMS):
Amendment. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/amendment/ (accessed: January 26, 2022).
American Psychological Association (APA):
Amendment. PayrollHeaven.com. Retrieved January 26, 2022
, from PayrollHeaven.com website: https://payrollheaven.com/define/amendment/

Definition Sources


Definitions for Amendment 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: 21st November, 2021 | 0 Views.