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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
unfulfillable, unachievable, negated, invalid

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.