express condition

express condition express condition condition

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express condition UK US noun [C]
LAW a statement in a legal agreement that says that something must be done or exist in order for something else to happen: »

His offer includes the express condition that he be paid $2 million if the company agrees to his bid and the transaction later collapses.

Compare IMPLIED CONDITION(Cf. ↑implied condition)

Financial and business terms. 2012.

Look at other dictionaries:

  • express condition — see condition Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • express condition — Literally, a condition stated rather than implied. A qualification annexed to an estate in real property by the terms of the instrument which creates the estate. Raley v County of Umatilla, 15 Or 172, 13 P 890 …   Ballentine's law dictionary

  • express condition — special stipulation …   English contemporary dictionary

  • condition — con·di·tion 1 n 1: an uncertain future act or event whose occurrence or nonoccurrence determines the rights or obligations of a party under a legal instrument and esp. a contract; also: a clause in the instrument describing the act or event and… …   Law dictionary

  • condition — con‧di‧tion [kənˈdɪʆn] noun [countable] LAW INSURANCE something stated in a contract, agreement, or insurance policy that must be done or must be true otherwise the contract, agreement, or policy will be ended or will not remain in force: • You… …   Financial and business terms

  • express — ex·press 1 adj: directly and distinctly stated or expressed rather than implied or left to inference compare implied express 2 vt: to make known (one s thoughts, ideas, or opinions) by words, conduct, or symbols see also expression M …   Law dictionary

  • express — ▪ I. express ex‧press 1 [ɪkˈspres] verb [transitive] 1. to say what you think or feel about something: • The sales manager expressed caution about the deal. • The USA expressed reservations before eventually signing the agreement. • Worries have… …   Financial and business terms

  • express — Clear; definite; explicit; plain; direct; unmistakable; not dubious or ambiguous. Declared in terms; set forth in words. Directly and distinctly stated. Made known distinctly and explicitly, and not left to inference. Minneapolis Steel &… …   Black's law dictionary

  • condition — Verb: To put in shape, as a horse for a race, a pugilist for a match. Noun: A provision in a contract creating no right or duty of and in itself but merely limiting or modifying rights and duties under the contract. 17 Am J2d Contr § 320; a… …   Ballentine's law dictionary

  • express — /ɪk spres/ adjective 1. rapid or very fast ● an express letter 2. clearly shown in words ● The contract has an express condition forbidding sale in Africa. ■ verb 1. to put into words or diagrams ● This chart shows home sales expressed as a… …   Dictionary of banking and finance

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