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Boilerplate

Standard terms and conditions.

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Boilerplate

Informal; standard language in a legal document. For example, a contract with few or no special conditions may use largely boilerplate language. In investing, the term often refers to a prospectus or a registration document.

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boilerplate

Standardized technical language used in a legal document such as a prospectus or a registration statement.

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boilerplate

A term used to refer to standard language appearing in almost all mortgages, leases, sale agreements, and other contracts. Important rights can be signed away by language lurking in the boilerplate;it is important to read all contracts thoroughly and not to skip anything.