Re·state·ment /ˌrē-'stāt-mənt/ n: any of several volumes produced by the American Law Institute and authored by legal scholars and experts that set forth statements of major areas of law (as contracts, torts, trusts, and property) and are widely referred to in jurisprudence but are not binding
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.