material breach

Definition

Substantial failure in the performance of a contract, significant enough to release the aggrieved party from its obligation and accrues to it the right to sue for damages.

Popular 'Agreements & Contracts' Terms

material breach in the news

Loading...

This content can be found on the following page:

http://www.businessdictionary.com/definition/material-breach.html

Search for another term



Tools

material breach is...

... in the Agreements & Contracts subject.

Nearby Terms

Search volume for material breach

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z