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time is of the essence |
Also found in: Legal, Acronyms, Idioms, Wikipedia | 0.01 sec. |
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time is of the essence An expression that often appears in contracts and leases.It is intended to nullify the typical rule that one may have a reasonable amount of time after passage of a deadline in order to do the thing required.If the writing contains a time is of the essence clause,then failure to perform by the deadline will be a noncurable default. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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