Dissolution
/ˌdɪsəˈluːʃən/
Definitions
- (n.) The formal termination or ending of a legal entity, contract, or agreement.
The dissolution of the partnership was finalized last week.
- (n.) The breaking up or dispersal of an assembly or organization by authoritative action.
The parliament faced dissolution before new elections were called.
Related terms
See also
Commentary
Use 'dissolution' specifically to denote formal legal or organizational endings, often requiring official procedures.
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.