dissolution

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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 ?
The stability of absorbance value in dissolution medium was crossed checked against the absorbance value of freshly papered solution and the relation of absorbance with concentration was determined according to beer's law.
Using the FDA specified parameters for SOF tablets dissolution [29], drug release studies of tablets dosage form was performed.
To obtain the in vitro dissolution profile of the product, the cumulative percentage of SOF released was plotted against time.
The prescriptions are based on the argument in Part II that when courts rule in contested dissolution cases, they make basic choices about whether to protect the capacity of owners to maximize the exchange value of property or to remain as owners.
The successful dissolution of strata property will depend on the required threshold for consent in the legislation and the willingness of the courts to order dissolution when some owners are opposed.
This constitutive power to define property and its purposes lies not only in the statutory provisions, which set the threshold for dissolution votes, but also in the decisions of the courts to approve or block nonconsensual dissolution.
While it was theoretically possible to develop a dissolution plan for consideration prior to the election, this proved too difficult to accomplish.
The town required the creation of a dissolution plan if the ordinance was approved.
In Florida, dissolutions (1) may not create islands of
administrative impacts of city dissolutions over time is simply not
The UV method was selected due to the adequate determination of the analyte in the dissolution tests, easy automation and fast analysis time.
It was transferred to vessels (n = 3) containing 900 mL of dissolution medium at 37 [+ or -] 0.