Define: Adjustments

Adjustments
Adjustments
What is the dictionary definition of Adjustments?
Dictionary Definition of Adjustments

Adjustments (noun):

1. The act or process of making necessary changes or modifications to something in order to improve its functionality, accuracy, or suitability.
Example: The technician made several adjustments to the machine’s settings to optimize its performance.

2. The act of adapting or altering one’s behavior, attitude, or approach in response to new circumstances or information.
Example: After receiving feedback from her supervisor, she made adjustments to her work habits to meet the company’s expectations.

3. Financial or accounting changes made to correct errors, reconcile discrepancies, or update records.
Example: The accountant made adjustments to the company’s financial statements to accurately reflect the current financial position.

4. A small alteration or modification made to achieve a desired fit, appearance, or outcome.
Example: The tailor made a few adjustments to the dress to ensure it fit perfectly.

5. A settlement or resolution reached through negotiation or compromise, especially in legal or contractual matters.
Example: The parties involved in the dispute agreed to make adjustments to the contract terms to avoid litigation.

Full Definition Of Adjustments

Adjustments refer to changes or modifications made to a legal document, agreement, or contract. These adjustments can be made to correct errors, update information, or address any unforeseen circumstances that may arise during the course of the agreement. Adjustments can be made by mutual agreement between the parties involved or as required by law. It is important to ensure that any adjustments made are properly documented and agreed upon by all parties involved to avoid any disputes or misunderstandings in the future.

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This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.

This glossary post was last updated: 29th March 2024.

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