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Repudiation

   Also found in: Dictionary/thesaurus, Financial, Encyclopedia, Wikipedia, Hutchinson 0.04 sec.

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.
     2. Properly divorce is used to point out the separation of married persons; repudiation, to denote the separation either of married people, or those who are only affianced. Divortium est repudium et separatio maritorum; repodium est renunciatio sponsalium, vel etiam est divortium. Dig. 50, 16, 101, 1. Repudiation is also used to denote a determination to have nothing to do with any particular thing; as, a repudiation of a legacy, is the abandonment of such legacy, and a renunciation of all right to it.
     3. In the canon law, repudiation is the refusal to accept a benefice which has been conferred upon the party repudiating.


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