termination


Also found in: Dictionary, Thesaurus, Medical, Financial, Acronyms, Encyclopedia, Wikipedia.

Termination

Cessation; conclusion; end in time or existence.

When used in connection with litigation, the term signifies the final determination of the action.

The termination or cancellation of a contract signifies the process whereby an end is put to whatever remains to be performed thereunder. It differs from Rescission, which refers to the restoration of the parties to the positions they occupied prior to the contract.

The termination of a lease refers to the severance of the Landlord and Tenant relationship before the leasehold term expires through the ordinary passage of time.

termination

noun abatement, adjournment, cancellation, climax, close, completion, conclusion, confine, consummation, culmination, denouement, discharge, discontinuance, effect, end, ending, end of the matter, end result, epilogue, expiration, finale, finality, finish, lapse, limit, outcome, pay-off, sequel, stoppage, terminal, upshot, windup
Associated concepts: termination of a contract, termination of employment, termination of parental rights
See also: abatement, adjournment, barrier, border, cancellation, close, conclusion, death, denouement, destination, desuetude, discharge, discontinuance, end, expiration, extremity, finality, frontier, halt, lapse, moratorium, outcome, performance, relinquishment, rescision, resignation, result
References in periodicals archive ?
Aetna and Humana started talking about a termination fee about three months into negotiations.
The Association adopts a plan of termination ("Plan").
Termination for convenience allows the party seeking termination to dissolve the contract with immediate effect, without a judicial order, provided that the party compensates the other contracting party as per Article 707(1) or the terms set out in the contract.
The IRS determines that the termination was inadvertent;
The IRS determined the administrator might not have been eligible to make the consent for the estate, thus terminating the S election, but ruled the termination inadvertent.
So, if your company's policy is to pay all employees one week's pay upon termination, then an employee would have to be paid more than one week's pay for the release to be valid.
gov/boarddocs/enforcement, reports the terminations as they occur.
6, 2003 Nature, the team cites another telling piece of evidence that Voyager 1 had reached the termination shock.
However, it's a safe bet that in the case of non-renewal a Japanese court would apply principles similar to those it has used in unilateral termination cases.
In reversing the termination, the ALJ dismissed 19 of the 27 deficiencies, including two immediate-jeopardy findings and the H-level deficiency.
A: At one time, SCSI termination was resistor packs, but that was about ten years ago.
Dismissal-of-action papers were filed Wednesday in Superior Court, after attorneys agreed to a ``global settlement'' that covered both unlawful termination charges and workers' compensation claims, Newton said.