Define: After Acquired

After Acquired
After Acquired
What is the dictionary definition of After Acquired?
Dictionary Definition of After Acquired

After Acquired refers to something that is obtained or acquired after a certain event or period of time. It typically refers to assets, rights, or interests that are acquired by an individual or entity after a specific event, such as a marriage, a business merger, or the signing of a contract. These acquisitions are typically subject to certain conditions or terms outlined in the relevant agreement or legal document. The term “after acquired” is commonly used in legal and financial contexts to describe the acquisition of assets or rights that occur subsequent to a specified event.

Full Definition Of After Acquired

After Acquired is a legal doctrine that allows an employer to terminate an employee for misconduct or poor performance that is discovered after the employee has been hired. This doctrine is based on the principle that an employer should have the right to terminate an employee if they become aware of any information that would have led them not to hire the employee in the first place. However, the employer must have a legitimate reason for terminating the employee and cannot use the doctrine as a pretext for discrimination or retaliation. The After Acquired doctrine is recognized in many jurisdictions and is often used as a defence by employers in wrongful termination lawsuits.

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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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