condition precedent

English

Noun

condition precedent (plural conditions precedent)

  1. (law) a condition imposed on an agreement that must be satisfied before property is transferred between parties.
  2. (law) a condition depending upon an uncertain event which must be fulfilled before an obligation arises or a legal transaction takes effect.

Synonyms

Antonyms

Translations
This article is issued from Wiktionary. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.