Legal Definition
In a legal context, 'class' refers to a group of individuals or entities that share a common characteristic, often defined by a specific set of rules or rights. This term is crucial in contract law, litigation, and regulatory frameworks where it defines the scope of obligations or liabilities.
Plain-English Translation
Imagine a 'class' as a group of people who are treated the same way under the law. For instance, if there is a 'class' of injured parties, it means everyone in that group has the same legal rights or obligations concerning an incident or contract.