SEVERABLE CONTRACT

 I. (noun) 

Sense 1

Meaning:

A contract which, in the event of a breach by one of the parties, can be considered as several independent agreements expressed in a single instrument

Classified under:

Nouns denoting communicative processes and contents

Hypernyms ("severable contract" is a kind of...):

contract (a binding agreement between two or more persons that is enforceable by law)

Credits