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FindLaw Legal Dictionary

The FindLaw Legal Dictionary -- free access to over 8260 definitions of legal terms. Search for a definition or browse our legal glossaries.

term:

Standstill Agreement

standstill agreement n

: an agreement providing for the preservation of the status quo for a specified or indefinite period: as
a : an agreement under which litigation is forestalled between two parties
b : an agreement under which a party agrees to refrain from taking further steps to acquire control of a corporation (as by additional purchases of stock)



Source: Merriam-Webster's Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.

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