The term "stay" in legal terms refers to a suspension or postponement of a legal proceeding or action. A stay may be issued by a court or other legal authority and can be temporary or permanent.
A stay order can be granted for various reasons such as to allow parties to a legal dispute to engage in settlement negotiations, to permit a party to file additional legal documents, to allow a party time to prepare for trial, or to halt legal proceedings while an appeal is pending.
During the period of the stay, the legal action or proceeding is put on hold, and the parties involved are generally prohibited from taking any further action until the stay is lifted or expires.
