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Contract & Commercial Law vocabulary · Breach & Remedies

Terminate

Meaning in contract & commercial law, with examples

/ˈtɜːmɪneɪt/verbCore term

In contract & commercial law, terminate means: To end a contract officially, for example because the other party has breached it, or by giving the notice that the contract allows.

In Turkish: feshetmek, sona erdirmek

How it is used

Contracts set out when each party may terminate: 'for cause' (after a breach or insolvency) or 'for convenience' (without giving a reason). The noun is termination. Termination normally ends future obligations, while rights that have already arisen survive.

Example sentences

  1. Either party may terminate this agreement by giving 90 days' written notice.

  2. After the third late delivery, we terminated the contract for cause.

  3. Termination does not affect any rights that have already accrued.

Common collocations

  • terminate for cause
  • terminate for convenience
  • terminate with immediate effect
  • right to terminate
  • terminate on notice
  • 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.
  • material breachA serious breach of contract that goes to the heart of the agreement and usually gives the other party the right to terminate.
  • notice periodThe length of time between giving notice to end a contract and the date on which the contract actually ends.
  • rescindTo cancel a contract from the beginning, so that the parties are put back in the position they were in before it was made.

More terms: Breach & Remedies

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