• A contract or a clause within a contract that cannot be rescinded, repealed, and/or modified.

unchangeable, immutable, permanent

Related Terms and Acronyms

  • Indefeasible Definition,
    • That which cannot be forfeited or done away with. Indemnity Protection or exemption from loss or damage.
  • Modification Definition,
    • A change in terms of the loan agreement.
  • Rescission Definition,
    • Cancellation of a contract by agreement of the parties.
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