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precedent noun. C2 [C] an âaction, âsituation, or âdecision that has already âhappened and can be used as a âreason why a âsimilar âaction or âdecision should be âperformed or made: There are several precedents for âpromoting âpeople who don't have âformal âqualifications.
There are two basic types of precedent in the United States: persuasive and binding precedents. A binding precedent is one that must be followed in the court of law, whereas a persuasive precedent encompasses an interpretive aspect that can suggest a court of action. legal precedent is derived from case or pas judicial decisions rendered in previously-heard legal cases. All precedents, unless overturned by a higher court or more recent decision, are legally binding and attached to legal matters given the presence of similarities in the underlining legal case.