In legal terms, an extension refers to a formal prolongation of time granted for the completion of a particular action or fulfilment of an obligation. It is often requested when a party requires additional time to meet a deadline specified by a contract, court order, or other legal document. Extensions can be granted by agreement between the parties involved or by court order, depending on the context. The granting of an extension may come with conditions or requirements that must be met within the extended timeframe. Extensions are commonly sought in various legal proceedings, including filing deadlines, discovery periods, or performance dates, to accommodate unforeseen circumstances or difficulties in meeting the original deadline.
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This glossary post was last updated: 29th March, 2024.
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