drop dead date

   A provision in a contract or a court order that sets the last date an event (e.g., a payment) must take place before certain consequences automatically follow, such as voiding of the contract, foreclosure, or entering of a court judgment.

Business law dictionary. 2015.

Look at other dictionaries:

  • drop-dead date — ➔ date1 * * * drop dead date UK US noun [C] US INFORMAL ► the date by which something important must be done: »Democrats have indicated that they see June 1 as a drop dead date for finishing the bill …   Financial and business terms

  • drop dead date — A provision in a contract or a court order that sets the last date that an event can take place (such as payment), or otherwise certain consequences will automatically follow, such as cancelling a contract, taking property, or entering a judgment …   Law dictionary

  • drop dead date — n [C usually singular] AmE informal a date by which you must have completed something, because after this date it is no longer worth doing →↑deadline …   Dictionary of contemporary English

  • Drop dead date — In trade and contract law, a drop dead date is a provision added to a legal or trade act, such as a contract or a court order. Such a provision sets a last delay date (hence the name drop dead date) past which certain consequences will… …   Wikipedia

  • Drop Dead Date — A provision in a contract or agreement that stipulates a finite deadline which, if not met, will automatically trigger adverse consequences. The drop dead date is the last possible date on which something must be completed. In most circumstances… …   Investment dictionary

  • drop-dead date — noun, pl ⋯ dates [count] US : a date by which something must be done or finished : a deadline that must be met They were given a drop dead date of June 30 to accept or reject the contract …   Useful english dictionary

  • drop-dead date — a time by which something must be done. Glickman said the drop dead date is December 31 after that, no funds will be available …   New idioms dictionary

  • Drop dead — can refer to: Dropdead, a hardcore punk band of Rhode Island Drop Dead, a 1984 LP by the hardcore punk band Siege Drop Dead Clothing, a clothing brand owned by Bring Me the Horizon lead singer Oliver Sykes Drop Dead , song by the band Electro… …   Wikipedia

  • drop-dead — drop′ dead′ adj. 1) cvb inspiring awe, astonishment, or envy: drop dead elegance; a drop dead beauty[/ex] 2) cvb being the most extreme limit or possibility: What s the drop dead date for handing in term papers? That is our drop dead offer[/ex] • …   From formal English to slang

  • drop-dead — /drop ded /, adj. 1. inspiring awe, astonishment, or envy: a drop dead guest list; a drop dead sable coat. 2. being the most extreme limit or possibility: What s the drop dead date for handing in term papers? That is our drop dead offer. [1965… …   Universalium


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