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Testimony is a kind of evidence, and it is often the only evidence that a judge has when deciding a case. When you are under oath in court and you are testifying to the judge, what you say is considered to be truthful unless it is somehow challenged (?rebutted?) by the other party.
A stipulation of fact leaves that fact no longer at issue, and must be accepted by the jury. By contrast, a stipulation as to testimony does not compel the jury to accept as true all the facts within the stipulated testimony, but permits the jury to accept the stipulated evidence in whole, in part, or not at all.
This stipulation might put some sort of limit on the agreement. For example, if you run a fencing company and offer a sale, you can stipulate that to get the sale price, the fence must be ordered by a certain date. Your customer, in turn, might stipulate that the work must be finished before the ground freezes.
A stipulation of fact leaves that fact no longer at issue, and must be accepted by the jury. By contrast, a stipulation as to testimony does not compel the jury to accept as true all the facts within the stipulated testimony, but permits the jury to accept the stipulated evidence in whole, in part, or not at all.
A stipulation is simply an agreement between the parties. To be effective, the stipulation must be in writing and signed by the judge or made on the record in open court.
What the witness actually says in court is called testimony. In court, the witness is called to sit near the judge on the witness stand. In order to testify, witnesses must take an oath to agree or affirm to tell the truth.
In litigation, a stipulation generally means an agreement between opposing parties concerning a relevant point. Furthermore, in a judicial proceeding, a stipulation is binding without consideration. In admiralty practice, we can define stipulation as a recognizance like a bail for the appearance of a defendant.
A stipulation is an agreement between adverse parties as to the definition or identification of a statement or pieces of evidence that are material to the case. Trial judges typically accept stipulations of fact presented by parties.