dissolution


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

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

(Disintegration), noun adulteration, atrophy, breaking up, corrosion, corruption, crumbling, decay, decomposition, demolition, dilapidation, disassembly, disbanding, dismantlement, disorganization, dispersal, disruption, dissipation, erosion, rotting, separation, spoilage, spoliation, undoing

dissolution

(Termination), noun abolishment, abrogation, annihilation, annulment, breaking up, cancelling, cessation, close, closing, completion, conclusion, death, defeasance, demise, destruction, dismissal, dissolutio, disuse, effacement, end, ending, eradication, erasure, expiration, extinction, extinguishment, extirpation, finis, finish, invalidation, liquidation, nullification, obliteration, prorogation, repeal, rescission, revocation, ruin, ruination, suppression, voidance
Associated concepts: corporate dissolution, de facto dissoluuion, de jure dissolution, dissolution of marriage, dissoluuion of partnership, dissolution proceeding
Foreign phrases: Nihil tam naturale est, quam eo genere quidque dissolvere, quo colligatum est.Nothing is so nattral as to dissolve anything in the way in which it was made binding. Nihil tam conveniens est naturali aequitati quam unumquodque dissolvi eo ligamine quo ligatum est. Nothing is so agreeable to natural equity as that a thing should be dissolved by the same means by which it was bound. Nihil est magis rationi consentaneum quam eodem modo quodque dissolvere quo conflatum est. Nothing is more consonant to reason than that a thing should be dissolved in the same way in which it was created.
See also: abatement, abolition, ademption, annulment, cancellation, cessation, death, debacle, decentralization, decline, defeasance, denouement, destruction, disassociation, discharge, end, erosion, expense, expiration, extremity, interruption, rescision, sacrifice, separation, spoilage, termination, wear and tear

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 ?
Mr Maroba Presidential nominations are held on the first Saturday after 20 days from dissolution.
Unlike divorce, Sotto explained that dissolution of marriage would simply relax the existing annulment process by making it more efficient and affordable.
The dissolution units will then send in automatic the dissolved dye, according to the parameters of dissolution fixes by customer, at destination.
Thus, the present study was performed to enhance the solubility and dissolution rate of fenofibrate using complexation with HP[beta]CD in order to attain a therapeutic effect.
'This is the first year anniversary of the dissolution of the CNRP, but I believe that there will be no second anniversary."
The company added that the primary claim in the patent application is a device for assessing drug dissolution, absorption and permeation, comprising a reservoir (for dissolution) with fluid bathing a permeability barrier composed of living human intestinal cells.
The statement reads in party: 'We confirm that there is no case of lacuna in the party leadership in Kwara State and there was no ground for the purported dissolution. Thus, the NWC erred in law.
Unlike in the House, where the marriage dissolution and divorce bill received bipartisan support, several senators have expressed opposition to the passage of the bill.
Sources told that next turn would be of KP assembly if no confidence motion against Balochistan chief minister (CM), Sardar Sanaullah Zehri succeeds as KP CM, Pervaiz Khattak has already hinted by saying that he is waiting for Imran Khan's node for early dissolution of assembly.
No researches have been done on the dissolution and solubility of cadmium fluorapatite [Cd-FAP, [Cd.sub.5][(P[O.sub.4]).sub.3]F], for which no thermodynamic data could be obtained in literatures to evaluate the environmental risk of Cd in relation with fluorapatite.