breach of contract
- breach of contract ˌbreach of ˈcontract noun breaches of contract PLURALFORM [countable, uncountable] LAWwhen someone fails to do something that they have agreed to do in a contract:
• Watson had to pay more than £55 million in damages for breach of contract.
• Their tactic was to say that all striking drivers were in breach of contract, and fire them.
Financial and business terms. 2012.
Look at other dictionaries:
breach of contract — breach of contract: breach (1b) Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. breach of contract … Law dictionary
Breach of contract — Contract law Part … Wikipedia
breach of contract — A failure by a party to a contract to perform obligations under that contract or an indication of an intention not to do so. An indication that a contract will be breached in the future is called repudiation or an anticipatory breach; it may be… … Accounting dictionary
breach of contract — A failure by a party to a contract to perform the obligations in that contract or an indication of an intention not to do so. An indication that a contract will be breached in the future is called repudiation or an anticipatory breach; it may be… … Big dictionary of business and management
breach of contract — noun a breach of a legal duty; failure to do something that is required in a contract • Hypernyms: ↑breach • Hyponyms: ↑anticipatory breach, ↑constructive breach, ↑breach of the covenant of warranty, ↑breach of promise, ↑ … Useful english dictionary
Breach Of Contract — Violation of any of the agreed upon terms and conditions of a binding contract. This breach could be anything from a late payment to a more serious violation, such as failure to deliver a promised asset. A contract is binding and will hold weight … Investment dictionary
breach of contract — /ˌbri:tʃ əv kɒntrækt/ noun the failure to do something which has been agreed in a contract ♦ the company is in breach of contract the company has failed to do what was agreed in the contract … Dictionary of banking and finance
breach of contract — The failure to perform any term of a contract, written or oral, without a legitimate legal excuse. A breach (literally, a break ) may include not completing a job, not paying in full or on time, not delivering goods (or substituting inferior… … Business law dictionary
breach of contract — A failure without legal excuse to perform any promise which forms a whole or a part of a contract, including the refusal of a party to recognize the existence of the contract or the doing of something inconsistent with its existence. National… … Ballentine's law dictionary
breach of contract — unexcused failure to fulfill one s duties under a contract. [1825 35] * * * … Universalium