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Repudiation |
Also found in: Dictionary/thesaurus, Financial, Encyclopedia, Wikipedia, Hutchinson | 0.04 sec. |
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The rejection or refusal of a duty, relation, right, or privilege. Repudiation of a contract means a refusal to perform the duty or obligation owed to the other party. Anticipatory Repudiation is an act or declaration before performance is due under a contract that indicates that the party will not perform his or her obligation on the future date specified in the contract. repudiation n. denial of the existence of a contract and/or refusal to perform a contract obligation. Repudiation is an anticipatory breach of a contract. (See: contract, anticipatory breach) REPUDIATION. In the civil law this term is used to signify the putting away
of a wife or a woman betrothed.
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