Ratification is the formal approval or acceptance of a decision, agreement, or treaty. It is the process by which a legally binding document or contract is confirmed and made officially valid. Ratification typically involves the approval of a governing body, such as a legislature or a designated authority, to ensure that the decision or agreement is legally binding and enforceable.
The process of ratification may vary depending on the specific context, such as international treaties, constitutional amendments, or corporate agreements. In general, ratification involves several steps, including drafting the document, obtaining initial consent or agreement from the parties involved, and then seeking formal approval through a specified process.
Once the required number of parties or authorities have ratified the document, it becomes legally binding and enters into force. Ratification is an essential step in establishing the legitimacy and enforceability of agreements and decisions, ensuring that they are recognized and upheld by the relevant parties and authorities involved.