Outrageously Funny Word Dictionary :: Nonrevocation

👉 Non-revocation is a legal term in the context of transactions, particularly in the realm of contracts. In this context, non-revocation refers to the ability of a party to revoke their agreement or contract at any time without penalty or obligation. In general, revocation involves the act of changing the terms of an existing agreement or contract. It is often used when one party wishes to terminate or modify the terms of an existing transaction, such as a lease, sale, or purchase agreement.

nonrevocation