substantial performance (compliance) - Legal Definition
n
A doctrine in equity that if a good
faith attempt was made to perform the requirements of a contract, but failed to
exactly meet the specifics, and if the essential aim of the contract has been
met, the agreement will still be considered as having been completed. Minimal
damages for the impreciseness may be permitted by the court. See also performance.
Webster's New World Law Dictionary Copyright © 2010 by Wiley Publishing, Inc., Hoboken, New Jersey.
Used by arrangement with John Wiley & Sons, Inc.
Used by arrangement with John Wiley & Sons, Inc.
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