termination

End in time or existence; close; cessation; conclusion. Perruccio v. Allen, 156 Conn. 282, 240 A.2d 912, 914.
Word for purposes of insurance, refers to the expiration of a policy by lapse of the policy. Waynesville Sec. Bank v. Stuyvesant Inc. Co., Mo.App., 499 S.W.2d 218, 220.
With respect to a lease or contract, term refers to an ending, usually before the end of the anticipated term of the lease or contract, which termination may be by mutual agreement or may be by exercise of one party of one of his remedies due to the default of the other party. As regards a partnership, term refers to a winding up and cessation of the business as opposed to only a technical ending (as upon the death of a partner) which is a dissolution. A dissolved partnership may terminate or may be continued by a partnership of the remaining partners, including perhaps the estate or heirs of the deceased partner.
Under the Uniform Commercial Code, "termination" means legally ending a contract without its being broken by either side. U.C.C. No. 2-106.
See also dissolution
@ termination of conditional contract
To abrogate so much of it as remains unperformed, doing away with existing agreement under agreed terms and consequences. To put an end to all of the unperformed portions thereof. Blodgett v. Merritt Annex Oil Co., 19 Cal.App.2d 169, 65 P.2d 123, 125
@ termination of employment
Within policies providing that insurance should cease immediately upon termination of employment, means a complete severance of relationship of employer and employee. Edwards v. Equitable Life Assur. Soc. of United States, 296 Ky. 448, 177 S.W.2d 574, 577, 578.
- wrongful discharge
@

Black's law dictionary. . 1990.

Synonyms:

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  • Termination — may refer to:In science: *Termination codon, in molecular biology *Termination factor, in genetics, part of the process of transcribing RNA *Termination type, in lithic reduction, a characteristic indicating the manner in which the distal end of… …   Wikipedia

  • termination — I noun abatement, adjournment, cancellation, climax, close, completion, conclusion, confine, consequence, consummation, culmination, denouement, destination, discharge, discontinuance, effect, end, ending, end of the matter, end result, epilogue …   Law dictionary

  • Termination — Ter mi*na tion, n. [L. terminatio a bounding, fixing, determining: cf. F. terminasion, OF. also termination. See {Term}.] 1. The act of terminating, or of limiting or setting bounds; the act of ending or concluding; as, a voluntary termination of …   The Collaborative International Dictionary of English

  • termination — [tʉr΄mə nā′shən] n. [L terminatio] 1. a terminating or being terminated 2. the end of something in space or time; limit, bound, conclusion, or finish 3. Linguis. the end of a word; final sound, morpheme, or syllable; specif., an inflectional… …   English World dictionary

  • termination — termination. См. терминация. (Источник: «Англо русский толковый словарь генетических терминов». Арефьев В.А., Лисовенко Л.А., Москва: Изд во ВНИРО, 1995 г.) …   Молекулярная биология и генетика. Толковый словарь.

  • Termination — (v. lat.), 1) Grenzsetzung, Begrenzung; 2) Festsetzung, Endigung …   Pierer's Universal-Lexikon

  • termination — (n.) late 14c., authoritative resolution of a matter, from O.Fr. terminacion and directly from L. terminationem (nom. terminatio) a fixing of boundaries, bounding, determining, from pp. stem of terminare to limit, end (see TERMINUS (Cf.… …   Etymology dictionary

  • termination — *end, ending, terminus Analogous words: result, issue, outcome (see EFFECT): concluding or conclusion, completion, closing or close (see corresponding verbs at CLOSE) Antonyms: inception: source …   New Dictionary of Synonyms

  • termination — [n] end abortion, ballgame*, cease, cessation, close, completion, conclusion, consequence, curtains*, cut off*, desistance, discontinuation, effect, ending, end of the line*, expiry, finale, finis, finish, issue, kiss off*, outcome, payoff*,… …   New thesaurus

  • termination — Termination, Terminatio …   Thresor de la langue françoyse

  • termination — The action taken by a secured party to end or give up its interest in collateral. For personal property collateral, a termination may be entered into the public record by using a standard form called a UCC 3. American Banker Glossary * * *… …   Financial and business terms

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