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Precedent. A court decision that is cited as an example or analogy to resolve similar questions of law in later cases.
condition precedent. n. 1) in a contract, an event which must take place before a party to a contract must perform or do their part.2) in a deed to real property, an event which has to occur before the title (or other right) to the property will actually be in the name of the party receiving title.ondition precedent. n. 1) in a contract, an event which must take place before a party to a contract must perform or do their part.