severable contract
Definition
Contract composed of several parts or clauses, such that it is possible to comply with each part or clause separately from the others. Failure to complete one or more part(s) of a severable contract does not necessarily constitute a breach of contract. Also, voidance by a court (called judicial voidance) of one or more parts of a severable contract does not necessarily constitute its total voidance. See also divisible contract.
Mentioned in these definitions
Popular 'Agreements & Contracts' Terms
severable contract in the news
This content can be found on the following page:
http://www.businessdictionary.com/definition/severable-contract.html







