breach of contract

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 — ˌbreach of ˈcontract noun breaches of contract PLURALFORM [countable, uncountable] LAW when 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. •… …   Financial and business terms

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