NONREVOCABILITY Meaning and
Definition
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Nonrevocability refers to the state or characteristic of being irreversible or unable to be revoked, rescinded, or canceled. It is a term often used in legal and contractual settings to describe an agreement or decision that cannot be undone once it has been made or implemented.
In legal contexts, nonrevocability signifies the permanence and finality of a certain action or arrangement. It implies that once a decision or contract has been established and its terms accepted, it cannot be undone or altered unilaterally by any party involved. Nonrevocability can assure that both parties are bound to the terms of the agreement and prevents one party from unilaterally breaking the contract or overturning the established decision.
The concept of nonrevocability is also applicable in other domains, such as in technological systems or processes. For example, a nonrevocable command or action in a computer program refers to an instruction or operation that, once executed, cannot be reversed or withdrawn.
Overall, nonrevocability denotes the unchangeable and binding nature of a decision, contract, or action, making it legally or practically impossible to revoke or reverse. It provides certainty and stability, ensuring that agreements and actions have lasting consequences and are not subject to arbitrary or unilateral changes.
Common Misspellings for NONREVOCABILITY
- bonrevocability
- monrevocability
- jonrevocability
- honrevocability
- ninrevocability
- nknrevocability
- nlnrevocability
- npnrevocability
- n0nrevocability
- n9nrevocability
- nobrevocability
- nomrevocability
- nojrevocability
- nohrevocability
- noneevocability
- nondevocability
- nonfevocability
- nontevocability
- non5evocability
- non4evocability
Etymology of NONREVOCABILITY
The word "nonrevocability" is derived from the combination of the prefix "non-", meaning "not", and the noun "revocability".
The noun "revocability" comes from the verb "revoke", which originates from the Latin term "revocare". In Latin, "revocare" means "to call back" or "to withdraw". It is formed by combining the prefix "re-", indicating "back", and the verb "vocare", meaning "to call".
By adding the prefix "non-" to "revocability", we create the word "nonrevocability", which means the quality or state of being not revocable or unable to be canceled, withdrawn, or reversed.
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