- superior or overwhelming power
- an unanticipated or uncontrollable event or effect which releases one from fulfillment of a contractual obligation
Origin of force majeure
Frenchforce majeure
force ma·jeure
noun
The definition of a force majeure is an overpowering force, or an unexpected or uncontrollable event.
An example of a force majeure is an earthquake.
YourDictionary definition and usage example. Copyright © 2018 by LoveToKnow Corp
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force majeure
Webster's New World College Dictionary, Fifth Edition Copyright © 2014 by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
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force majeure
noun
- Superior or overpowering force.
- See vis major.
Origin of force majeure
French force force majeure greaterTHE AMERICAN HERITAGE® DICTIONARY OF THE ENGLISH LANGUAGE, FIFTH EDITION by the Editors of the American Heritage Dictionaries. Copyright © 2016, 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
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Noun
(plural forces majeures)
- an overwhelming force
- (law) an unavoidable catastrophe, especially one that prevents someone from fulfilling a legal obligation
English Wiktionary. Available under CC-BY-SA license.
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force majeure - Investment & Finance Definition
A standard clause in a contract that indemnifies, or protects from loss, either or both parties to a transaction if events that prevent the realization of the contract are judged to be unanticipated or uncontrollable and reasonably beyond the terms of the contract or agreement. For example, when workers at the state-owned Venezuelan oil company went on strike in late 2002, a force majeure on oil exports was declared that suspended contractual obligations due to circumstances beyond the company’s control.
Webster's New World Finance and Investment Dictionary Copyright © 2010 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.
Used by arrangement with John Wiley & Sons, Inc.
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force majeure - Legal Definition
n
French
Greater force; a natural or human-induced disaster that causes a
contract to fail of 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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