dissolution

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Related to Dissolvability: once-over, undeterred

Dissolution

Act or process of dissolving; termination; winding up. In this sense it is frequently used in the phrase dissolution of a partnership.

The dissolution of a contract is its Rescission by the parties themselves or by a court that nullifies its binding force and reinstates each party to his or her original position prior to the contract.

The dissolution of a corporation is the termination of its existence as a legal entity. This might occur pursuant to a statute, the surrender or expiration of its charter, legal proceedings, or Bankruptcy.

In domestic relations law, the term dissolution refers to the ending of a marriage through Divorce.

The dissolution of a partnership is the end of the relationship that exists among the partners as a result of any partner discontinuing his or her involvement in the partnership, as distinguished from the winding up of the outstanding obligations of the business.

dissolution

the termination of a formal or legal relationship, such as partnership or marriage.

DISSOLUTION, contracts. The dissolution of a contract, is the annulling its effects between the contracting parties.
     2. This dissolution of a partnership, is the putting an end to the partnership. Its dissolution does not affect contracts made between the. partners and others; so that they are entitled to all their rights, and they are liable on their obligations, as if the partnership had not been dissolved. Vide article Partnership and 3 Kent, Com. 27 Dane's Ab. h.t.; Gow on Partn. Index, h.t.; Wats. on Partn. h.t.; Bouv. Inst. Index, h.t.

DISSOLUTION, practice. The act of rendering a legal proceeding null, or changing its character; as, a foreign attachment in Pennsylvania is: dissolved by entering bail to the action. Injunctions are dissolved by the court.

References in periodicals archive ?
With solvents, there are limits to the types of resins that can be used due to dissolvability. The higher the molecular weight of the resin, the better the ink film properties that can be achieved.
Above pH 11, its dissolvability gradually decreases with the increase of pH due to the formation of a stable magnesium hydroxide film.
A dissolvability experiment was conducted and a variety of calcium supplements were put into clear cups with white vinegar and the amount of time required for supplements to dissolve was noted.
Consider wafer options due to dissolvability if body temperature is excessively warm/diaphoretic.