discharge of contract

discharge of contract
discharge of contract ˌdischarge of ˈcontract noun [uncountable]
LAW when the duties that someone has under a contract are ended, for example because they have carried out those duties, because there has been an agreement to end the contract, or because someone has broken the contract

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discharge of contract UK US noun [U] LAW
a situation in which a legal agreement ends, because the people in it agree to end it, because one of the people in it dies, or because one of the people involved does not do what was agreed: »

Not all breaches of contract lead to a discharge of contract.


Financial and business terms. 2012.

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Look at other dictionaries:

  • Contract — law …   Wikipedia

  • discharge — dis·charge 1 /dis chärj, dis ˌchärj/ vt 1: to release from an obligation: as a: to relieve of a duty under an instrument (as a contract or a negotiable instrument); also: to render (an instrument) no longer enforceable a formal instrument...may… …   Law dictionary

  • discharge — ► VERB 1) dismiss or allow to leave. 2) emit or send out (a liquid, gas, or other substance). 3) fire (a gun or missile). 4) do all that is required to fulfil (a responsibility). 5) release from a contract or obligation. 6) Physics release or… …   English terms dictionary

  • discharge — To release; liberate; annul; unburden; disincumber; dismiss. To extinguish an obligation (e.g. a person s liability on an instrument); terminate employment of person; release, as from prison, confinement or military service. Discharge is a… …   Black's law dictionary

  • discharge — To release; liberate; annul; unburden; disincumber; dismiss. To extinguish an obligation (e.g. a person s liability on an instrument); terminate employment of person; release, as from prison, confinement or military service. Discharge is a… …   Black's law dictionary

  • discharge — (1) The action of releasing a lien or the document in which the creditor relinquishes a lien. Also known as a satisfaction, a release, a reconveyance, or an extinguishment. However, release tends to be used in connection with both real and… …   Financial and business terms

  • Contract Clause — United States of America This article is part of the series: United States Constitution Original text of the Constitution Preamble Articles of the Constitution I · …   Wikipedia

  • discharge — dischargeable, adj. discharger, n. v. /dis chahrj /; n. /dis chahrj, dis chahrj /, v., discharged, discharging, n. v.t. 1. to relieve of a charge or load; unload: to discharge a ship. 2. to remove or send forth: They discharged the cargo at New… …   Universalium

  • discharge — dis•charge v. [[t]dɪsˈtʃɑrdʒ[/t]] n. [[t]ˈdɪs tʃɑrdʒ, dɪsˈtʃɑrdʒ[/t]] v. charged, charg•ing, n. 1) to relieve of a charge or load; unload: to discharge a ship[/ex] 2) to remove or send forth: They discharged the cargo at New York[/ex] 3) mil to… …   From formal English to slang

  • discharge of a contract — release from a contract …   English contemporary dictionary

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