a legal mechanism ensuring that the members of an organization etc. carry out the principles, purposes and duties they have formally agreed to

An agreement, debt, judgment or law, which can be operationalized, put into effect, fulfilled, completed, executed or performed, such as a lien put upon a property upon default of a loan.

That which can be made to effective; to cause to take effect. An agreement or contract between persons in which one or other party can legally compel the performance of another or other parties.

Capable of being enforced.