TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

TERMINATION LIABILITY [1 record]

Filter results by subject field Alphabetical list of terms

Filter results by subject field

Alphabetical list of terms

Record 1 1998-02-23

English

Subject field(s)
  • Law of Contracts (common law)
OBS

A penalty levied by contractual agreement when a contract is terminated before a specified length of time.

French

Domaine(s)
  • Droit des contrats (common law)
OBS

indemnité de non-exécution : Somme forfaitaire que l'une des parties est tenue de verser à l'autre à défaut d'exécution.

OBS

La clause du contrat dans laquelle cette exigence est formulée porte le nom de clause pénale. Lorsque le contrat porte sur l'achat ou la vente de marchandises, la somme ainsi versée porte le nom de dédit et on parlera alors, selon le cas, de dédit sur achat ou de dédit sur vente.

Spanish

Campo(s) temático(s)
  • Derecho de contratos (common law)
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