Refers to a condition or requirement in a legal context.
La estipulación en el contrato establece que ambos firmantes deben cumplir con las condiciones acordadas.
The stipulation in the contract states that both signers must comply with the agreed conditions.
La estipulación del contrato indicaba que debíamos cumplir con todas las condiciones acordadas.
The stipulation of the contract indicated that we had to comply with all the agreed conditions.