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waiver

waiver [Anglo-French, from waiver to waive] : the act of intentionally or knowingly relinquishing or abandoning a known right, claim, or privilege ;also : the legal instrument evidencing such an act compare estoppel, forfeiture NOTE: Acts...

subcontractor

subcontractor : one (as an individual or business) that contracts to perform part or all of the obligations of another's contract

transaction

transaction 1 : something transacted ;esp : an exchange or transfer of goods, services, or funds 2 a : an act, process, or instance of transacting b : an action or activity involving two parties or...

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submit

submit sub·mit·ted sub·mit·ting vt 1 : to yield or subject to control or authority [to himself to the jurisdiction of the tribal court "Sheppard v. Sheppard, 655 P.2d 895 (1982)"] 2 a : to present or...

substantial compliance

substantial compliance : compliance with the substantial or essential requirements of something (as a statute or contract) that satisfies its purpose or objective even though its formal requirements are not complied with

surprise

surprise 1 : a condition or situation in which a party to a proceeding is unexpectedly placed without any fault or neglect of his or her own and that entitles the party to relief (as a...

swap

swap 1 : an exchange of securities 2 : a derivative contract in which two parties (as corporations) agree to exchange rates esp. relating to debt

term

term often attrib 1 : a specified period of time [the policy ] 2 : the whole period for which an estate is granted ;also : the estate itself 3 a : the period in which...

terminate

terminate -nat·ed -nat·ing vi : to come to an end in time or effect vt 1 : to bring to a definite end esp. before a natural conclusion [ a contract] compare cancel, rescind 2 :...

tortious

tortious : constituting a tort : recognized as a tort [a act] [ interference with contract] tor·tious·ly adv

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