What is the key feature of the legal term "binding"?

The legal term "binding" refers to an obligation that must be legally followed, meaning that the parties involved are required to adhere to its terms. This term is often used in the context of contracts, regulations, court decisions, and other legal instruments, indicating that the obligations established by these documents are enforceable and must be complied with.

A binding agreement or decision carries legal weight; failure to comply can result in legal consequences, including potential lawsuits or other forms of enforcement. This contrasts with non-binding terms, which may provide guidance or suggestions but do not impose any legal obligation on the parties involved. Understanding the concept of "binding" is crucial in legal contexts, as it determines the enforceability and obligations that arise within various legal relationships.