👉 Conclusory is a legal term in the United States, specifically used to describe an agreement or document that is binding on all parties involved and legally enforceable by court order. It involves a contract that has been signed and acknowledged by both parties, and it is typically signed by both parties with their signatures, which are considered legally binding. In simple terms: a conclusory statement is a statement that is not subject to further discussion or argument and is thus considered definitive.
