Business, Legal & Accounting Glossary
n., adj. slang for provisions in a contract, form or legal pleading which are apparently routine and often preprinted. The term comes from an old method of printing. Today “boilerplate” is commonly stored in computer memory to be retrieved and copied when needed. A layperson should beware that the party supplying the boilerplate form usually has developed supposedly “standard” terms (some of which may not apply to every situation) to favor and/or protect the provider.
Boilerplate is standard generic verbiage which is repeated verbatim in numerous contracts, agreements, licenses or other documents. Boilerplate material is often inconsequential, non-specific and applies to everyone equally. Boilerplate can be a one-size-fits-all template, a generic fill-in-the-blank form or simply standardized pre-printed text often referencing generalized terms and conditions. With the proliferation of personal computers, it has become a simple matter to print out boilerplate documents for any number of people. However, in some cases, boilerplate language is simply a placeholder in a document until the document can be personalized to reflect the specific details of the matter to which it pertains. It is generally considered derogatory to refer to something as boilerplate. Boilerplate also refers to any hackneyed or formulaic writing.
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This glossary post was last updated: 26th April, 2020 | 8 Views.