Full Performance
/ˌfʊl pərˈfɔːrməns/
Definitions
- (n.) The complete and exact fulfillment of a contractual obligation by a party, satisfying all terms and conditions agreed upon.
The contract was discharged by the full performance of all duties by the seller.
Forms
- full performance
Related terms
See also
Commentary
Full performance indicates that all duties under a contract have been satisfied, thereby typically obligating no further action or payment from either party.
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.