Anticipatory Breach

Definition

  • In a contract, when one party reneges on the agreement, the other party is notified and is no longer responsible for fulfilling their expectations.
  • A notification that one party plans not to fulfill obligations set forth in a contract making it impossible for the other party to fulfill their end of the agreement.

Synonyms
invalid, unfulfillable, unachievable, negated

Alternate Spellings
repudiation, constructive

Related Terms and Acronyms

  • Breach of Contract (BOC) Acronym,
    • Failure to abide by terms of a legal agreement without a legal excuse.
  • Contract Definition,
    • An agreement between two or more parties that can be enforced by law.
  • Non-Disclosure Agreement (NDA) Acronym,
    • A contract that disallows one or more parties from disclosing information covered by the contract.
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