BREACH OF CON TRACT

breach of contract

noun
unexcused failure to fulfill one's duties under a contract.

Origin:
1825–35

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Based on the Random House Dictionary, © Random House, Inc. 2014.
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American Heritage
Cultural Dictionary

breach of contract definition


Failure to live up to the terms of a contract. The failure may provoke a lawsuit, in which an aggrieved party asks a court to award financial compensation for the loss brought about by the breach.

The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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