severable contract


Also found in: Thesaurus, Legal, Wikipedia.
Related to severable contract: Divisible contract
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.severable contract - a contract which, in the event of a breach by one of the parties, can be considered as several independent agreements expressed in a single instrument
contract - a binding agreement between two or more persons that is enforceable by law
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
Mentioned in ?
References in periodicals archive ?
However, it should not be forgotten that the dispute resolutions operate as a separate, severable contract, and need to be as clear and workable as the rest of the contract.