partial performance

Definition

Execution of a part of a contract. As a general rule, partial execution of a divisible contract may be considered acceptable, but an indivisible contract must be executed in full for payment or release from performance obligations. See also substantial performance.


partial performance is...

Nearby Terms

Search volume for partial performance

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