What is the word for ending an agreement?
Asked by: Roberta Bednar III | Last update: December 14, 2025Score: 4.6/5 (58 votes)
Contract termination is when one party wishes to end the contract before the other party can fulfil the agreement. A simple example would be when a client terminates the services contract with a law firm in line with the termination agreement in the terms and conditions.
What is the word for finishing a contract?
In the real world, you're more likely to see the word termination used when a contract, program, or job comes to an end, unexpectedly or as planned.
What is the term for ending an agreement?
Contract termination is the process of ending a contract before the obligations within it have been fulfilled by all parties. This means that one or more parties have made the decision to conclude the contract earlier than they had originally agreed when drafting and signing it.
What is another word for stopping a contract?
The words conclude and terminate can be used in similar contexts, but conclude may imply a formal closing (as of a meeting). When can end be used instead of terminate? In some situations, the words end and terminate are roughly equivalent.
What is another word for end of contract?
Although the completion of a contract may be called a termination when it is actually due to discharge or rescission, there are certain circumstances under which a party to a contract may elect to terminate the agreement, even when there are duties and obligations remaining.
Contracts: Ending the Contract
What is the end of an agreement called?
A termination date within a contract refers to when the contract will end. It is the date that the agreement will come to a natural end once the final payment has been made. This means that the terms no longer bind the involved parties.
What is a synonym for cancel the agreement?
abolish, abort, annul, break off, cut, destroy, eliminate, kill, remove, repeal, rescind, revoke, wipe out.
What is it called when you cancel an agreement?
This is called an express right to terminate. Express right to terminate a contract refers to a clause or provision included in a contract that allows one or both parties to end the agreement under certain circumstances.
How do you say contract ended professionally?
- Be direct yet polite. ...
- Thank them for their prior work and collaboration. ...
- Explain the business reasons behind the decision without blame or accusation. ...
- Follow any notification timeline or requirements outlined in the original contract.
What is a word for discontinuation?
break cessation conclusion cutoff discontinuance discontinuity disruption ending gap halt interruption pause stay stoppage suspension.
What is the word for leaving a contract?
An employee or employer can decide to end ('terminate') an employment contract. This may be done by: an employee resigning.
What is the legal term for end?
Final - FindLaw Dictionary of Legal Terms.
What does concluding an agreement mean?
to arrange or settle; come to an agreement about. to conclude a pact. verb intransitive. 5. to come to a close; end; finish.
What is the term for end of agreement?
The "Term of Agreement and Termination" clause outlines the duration for which the contract remains in effect and specifies the conditions under which either party can terminate the agreement. It typically includes details on the start and end dates, renewal options, and any notice requirements for termination.
What is the term for completing a contract?
The execution date (when the contract is signed) often coincides with the completion of all obligations. The effective date, the point when the contract's terms start applying, usually precedes completion.
What is a formal word for finish?
Some common synonyms of finish are close, complete, conclude, end, and terminate. While all these words mean "to bring or come to a stopping point or limit," finish may stress completion of a final step in a process. after it is painted, the house will be finished.
What is the legal term for ending a contract?
Understanding Contract Termination
Terminating a contract is the conclusion of the agreement, whether it's an early termination – before one or more parties fulfill their contract obligations – or the natural end of a relationship between the parties.
What is the word for the end of a contract?
16 other terms for end the contract. break the contract. terminate the agreement. terminate the contract. breach the contract.
How do you gracefully terminate a contract?
Write a termination contract letter
A contract termination letter allows you to give written notice of your contract's cancellation. It clearly states intent and limits your liability, which arerequired if you're looking to avoid issues while terminating a contract. Writing the letter is simple.
What's another word for Cancelling a contract?
Other forms: rescissions. If you've really had it with your business partner, you may make a motion for rescission to dissolve your legal ties. Rescission refers to the canceling of a contract or other legal agreement.
How to terminate a contract politely?
- Review termination clauses. ...
- Address the appropriate individual. ...
- State your purpose for writing. ...
- Discuss outstanding concerns. ...
- Close your letter respectfully. ...
- Ensure receipt of the letter.
What is the discharge of a contract?
The term discharge of contract means ending of the contractual relationship between the parties. A contract is said to have been discharged when it ceases to operate i.e. when the rights and obligations created by the parties came to an end.
What is a nice word for cancellation?
abandonment abolition annulment dissolution elimination repeal retirement reversal revocation. Strong matches. abrogation deletion dissolving invalidation nullification recall repudiation retraction undoing.
How do you formally cancel an agreement?
Draft a Contract Cancellation Agreement: Create a formal agreement that outlines the terms of cancellation, including any necessary settlements or obligations. Notary services can ensure this document is legally recognized. Fulfill Any Required Conditions: Complete any actions required to effectuate the cancellation.
What is the legal word for cancel?
This is also called rescission or termination . [Last updated in June of 2021 by the Wex Definitions Team ] wex.