contract termination
Defense procurement: the cessation or cancellation, in whole or in part, of work under a prime contract or a subcontract thereunder for the convenience of, or at the option of, the government, or due to failure of the contractor to perform in accordance with the terms of the contract (default).

Military dictionary. 2000.

Look at other dictionaries:

  • termination — I noun abatement, adjournment, cancellation, climax, close, completion, conclusion, confine, consequence, consummation, culmination, denouement, destination, discharge, discontinuance, effect, end, ending, end of the matter, end result, epilogue …   Law dictionary

  • termination — noun 1 ending of sth ADJECTIVE ▪ early, premature ▪ abrupt ▪ wrongful ▪ She sued the company for wrongful termination. VERB + TERMINATION …   Collocations dictionary

  • Contract (BDSM) — In BDSM, a contract is an agreement, usually written, between the dominant and submissive in a 24/7 or Total Power Exchange (TPE) relationship. It is the formal act of consent to the power exchange. Some are very formal and will detail exactly… …   Wikipedia

  • Termination of employment — is the end of an employee s duration with an employer. Depending on the case, the decision may be made by the employee, the employer, or mutually agreed upon by both.Voluntary terminationVoluntary termination is a decision made by the employee to …   Wikipedia

  • contract — con·tract 1 / kän ˌtrakt/ n [Latin contractus from contrahere to draw together, enter into (a relationship or agreement), from com with, together + trahere to draw] 1: an agreement between two or more parties that creates in each party a duty to… …   Law dictionary

  • termination agreement — An agreement that records the terms and the payments to be made, on termination of a contract and possibly in return for a waiver of claims. In employment law, the agreement will have to satisfy statutory requirements (for example, section 203… …   Law dictionary

  • termination payment — A payment made on termination of a contract. Related links severance payment Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010 …   Law dictionary

  • Termination fee — A termination fee is a charge levied when a party wants to break the term of an agreement or long term contract. They are stipulated in the contract or agreement itself, and provide an incentive for the party subject to them to abide by the… …   Wikipedia

  • termination — End in time or existence; close; cessation; conclusion. Perruccio v. Allen, 156 Conn. 282, 240 A.2d 912, 914. Word for purposes of insurance, refers to the expiration of a policy by lapse of the policy. Waynesville Sec. Bank v. Stuyvesant Inc. Co …   Black's law dictionary

  • Termination Clause — A section of a swap contract that describes what will happen if the contract is ended early or defaulted on. The termination clause can make the counterparty who is responsible for the default or termination event pay damages to the other… …   Investment dictionary

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