Nonperformance
Nonperformance refers to the failure to carry out the obligations, duties, or expectations set forth in an agreement, contract, or responsibility. This term is commonly used in legal and business contexts to indicate a lack of fulfillment of required actions, resulting in potential disputes or negative consequences for involved parties.
Nonperformance meaning with examples
- The company faced significant legal consequences due to its nonperformance in meeting the scheduled deliverables, which resulted in a breach of contract with their clients, leading to lost trust and future business opportunities.
- In recent months, the employee's nonperformance in his role has raised concerns among management, prompting discussions about potential retraining or even reassignment to ensure that workplace standards are met consistently.
- Nonperformance in a partnership can lead to serious repercussions. If one partner fails to contribute as agreed, it may strain relationships and impact the overall success of the project, requiring mediation to resolve disputes.
- The student's nonperformance in class due to lack of motivation became evident in her declining grades. Teachers noticed that without proper engagement, she struggled to grasp fundamental concepts necessary for academic success.
- A common example of nonperformance occurs in mortgage agreements when borrowers fail to make scheduled payments. This nonperformance can trigger foreclosure proceedings, causing significant financial distress for the homeowner.
Nonperformance Crossword Answers
7 Letters
NEGLECT
10 Letters
NEGLIGENCE
12 Letters
CARELESSNESS