Non-Performance

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Non-Performance

The state of not doing the work one was hired to do. For example, suppose a video editor is hired to produce five 10-minute videos. If the client does not receive the videos in the allotted time and there is no evidence that the editor has done any work, he may be liable for non-performance on the contract. Non-performance may be actionable.
References in periodicals archive ?
In the nonperformance based incentive condition, all the participants received a pencil or took candy at the end of the quiz.
Participants received the material incentives in the nonperformance and performance based incentive conditions after the debriefing.
In this framework, the expected loss ceded is reduced by the expected loss from counterparty nonperformance, and the capital liberated is reduced by the amount of capital required to cover nonperformance risk.