defective performance

A performance that, whether partial or complete, does not fully comply with the contract.

• One example is late performance. [Cases: Contracts 280(1), 302. C.J.S. Contracts §§ 561, 592.]

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词条贡献者

译者张文，国际知名商学院金融专业，擅长翻译各种与结构性融资及衍生品诉讼相关的法律文件。