repudiation

repudiation definition - business

repudiation

Rejection of an agreement. For example, a company issues a public statement of repudiation of its promise to provide health insurance for all retirees.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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