Contractual Performance
/kənˈtræk.tʃu.əl pərˈfɔːr.məns/
Definitions
- (n.) The fulfillment of obligations as stipulated in a contract, by performing the acts promised by the parties.
The contractual performance was completed on time, satisfying all parties' expectations.
- (n.) The actual execution of duties required under a contract, enabling the contract to be discharged.
Failure of contractual performance can lead to a breach of contract claim.
Forms
- contractual performance
- contractual performances
Related terms
See also
Commentary
Contractual performance is central in common law contracts; precise definition of obligations facilitates enforcement and remedies.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.