Definition: The term "attrited" is a legal term in the United States and Canada that refers to an amount of money a party owes to another party as a result of a breach of contract. The term is used in contracts where one party has breached their obligation to pay, resulting in the other party being obligated to provide compensation or refund. In essence, it means that the party who was obligated to pay received a financial loss as a result of the breach of contract.