estoppel by representation

An estoppel that arises when one makes a statement or admission that induces another person to believe something and that results in that person’s reasonable and detrimental reliance on the belief; esp., equitable estoppel. [Cases: Estoppel 82–87. C.J.S. Estoppel §§ 90–95.]

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词条贡献者

译者张文，国际知名商学院金融专业，擅长翻译各种与结构性融资及衍生品诉讼相关的法律文件。