Source : Webster's Revised Unabridged Dictionary (1913)

Stipulate \Stip"u*late\, a. (Bot.)
   Furnished with stipules; as, a stipulate leaf.

Stipulate \Stip"u*late\, v. i. [imp. & p. p. {Stipulated}; p.
   pr. & vb. n. {Stipulating}.] [L. stipulatus, p. p. of
   stipulari to stipulate, fr. OL. stipulus firm, fast; probably
   akin to L. stipes a post. Cf. {Stiff}.]
   To make an agreement or covenant with any person or company
   to do or forbear anything; to bargain; to contract; to settle
   terms; as, certain princes stipulated to assist each other in
   resisting the armies of France.

Source : WordNet®

stipulate
     v 1: specify as a condition or requirement in a contract or
          agreement; make an express demand or provision in an
          agreement; "The will stipulates that she can live in the
          house for the rest of her life"; "The contract
          stipulates the dates of the payments" [syn: {qualify}, {condition},
           {specify}]
     2: give a guarantee or promise of; "They stipulated to release
        all the prisoners"
     3: make an oral contract or agreement in the verbal form of
        question and answer that is necessary to give it legal
        force