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English definition of “stipulation”

stipulation

noun [C, usually singular]     /ˌstɪpjəˈleɪʃən/ formal
a statement that says exactly what something must be or how something must be done: The only stipulation is that you have to register . As part of the deal they will issue shares of their common stock with the stipulation that the shares cannot be traded for one year .
(Definition of stipulation noun from the Cambridge Business English Dictionary © Cambridge University Press)
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