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Contract & Commercial Law vocabulary · Breach & Remedies

Remedy

Meaning in contract & commercial law, with examples

/ˈremədi/nounCore term

In contract & commercial law, remedy means: A way the law helps a party whose rights have been breached, such as damages, specific performance, an injunction or termination.

In Turkish: hukuki çare, hukuki koruma yolu, telafi

How it is used

Lawyers discuss which remedies are available, and contracts sometimes say a remedy is 'exclusive' or 'without prejudice to any other rights or remedies'. As a verb, 'remedy a breach' means to correct it, often within a 'cure period'.

Example sentences

  1. If the supplier fails to remedy the breach within 30 days, we may terminate.

  2. Damages are the usual remedy for breach of contract.

Common collocations

  • remedy a breach
  • available remedies
  • exclusive remedy
  • legal remedy
  • seek a remedy
  • damagesMoney that a court or tribunal orders one party to pay another as compensation for loss caused by a breach of contract or another legal wrong.
  • specific performanceA court order that requires a party to actually do what it promised in the contract, instead of just paying damages.
  • injunctionA court order that tells a party to stop doing something, or sometimes to do something, often granted urgently to prevent harm.
  • breach of contractFailure by a party to do what it promised in a contract, for example paying late, delivering faulty goods or not delivering at all.
  • terminateTo end a contract officially, for example because the other party has breached it, or by giving the notice that the contract allows.

This word in other fields

The same English word can have a different meaning in another field:

More terms: Breach & Remedies

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This page explains English vocabulary for learners. It is not legal advice.