Statutory
volume
British pronunciation/stˈæt‍ʃuːtəɹˌi/
American pronunciation/ˈstætʃəˌtɔɹi/

Definition & Meaning of "statutory"

statutory
01

according to or allowed by law

02

prescribed or authorized by or punishable under a statute

example
Example
examples
The city council passed a statutory ordinance prohibiting outdoor smoking in public parks.
Statutory holidays are days designated by law where businesses and institutions are typically closed.
Employers must adhere to statutory requirements regarding minimum wage and working hours.
Tax deductions are subject to statutory limits set forth in the Internal Revenue Code.
The company's actions were found to be in compliance with statutory regulations.
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