Seal

Business, Legal & Accounting Glossary

Definition: Seal


Seal


What is the dictionary definition of Seal?

Dictionary Definition


n. a device which creates an impression upon paper or melted wax, used by government agencies, corporations and notaries public to show that the document is validly executed, acknowledged or witnessed, since the seal is unique to the sealer. Corporate seals state the name, date and state of incorporation. Notaries increasingly use a rubber stamp instead of a seal since their print is easier to microfilm for official recording than is a faint embossed impression. Contracts used to be “sealed,” but that is rare today.


Full Definition of Seal


A seal is a figure impressed on a document to validate it (see: Instrument under seal). Formerly a seal would have been an impression on wax; these days it is usually made on a paper wafer. In Britain, the use of seals is on the decline, but this does not mean that the execution of a deed (see: Deed) has less force. For example, The Law Of Property Miscellaneous Provisions Act (1989) removes the requirement for sealing in certain transactions that previously required it but indicates the form of words that should be used to convey that the transaction still has the strength and formality of a deed under seal.


Cite Term


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Page URL
https://payrollheaven.com/define/seal/
Modern Language Association (MLA):
Seal. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
February 09, 2023 https://payrollheaven.com/define/seal/.
Chicago Manual of Style (CMS):
Seal. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/seal/ (accessed: February 09, 2023).
American Psychological Association (APA):
Seal. PayrollHeaven.com. Retrieved February 09, 2023
, from PayrollHeaven.com website: https://payrollheaven.com/define/seal/

Definition Sources


Definitions for Seal 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: 30th April, 2020 | 0 Views.