Right to bind

юридический (правовой) термин, общеэкономический термин право налагать обязательство [связывать обязательством] Например: right to bind somebody — право налагать обязательства на кого-либо The second of these rights may be called the right to bind; if A accepts B's offer of covenant, then A binds B to performance of the covenant. The State has secured to a father a right to bind out his son in an apprenticeship. The law generally gave the landlord the right to bind the tenant for an entire new term no matter the reason for holdover. Whether a father has, by the common law, a right to bind out his child during his minority without his consent seems not to be settled.

Англо-русский словарь экономических терминов