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drop dead date

   Also found in: Acronyms, Wikipedia 0.04 sec.

drop dead date n. a provision in a contract or a court order which sets the last date an event must take place (such as payment) or otherwise certain consequences will automatically follow, such as cancelling the contract, taking property or entering a judgment.



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I guess the drop dead date is when someone stops bidding," Regent says, adding he expects a resolution to come by July or August.
These projects come with the ultimate drop dead date - one you simply can't push back, or buy relief from.
 
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