Anticipatory Breach Definition and Legal Meaning
On this page, you'll find the legal definition and meaning of Anticipatory Breach, written in plain English, along with examples of how it is used.
What is Anticipatory Breach?
n. derived from the french word, assez meaning enough that is, the word asset is used for the property in the hands of an heir, executor, administrator or trustee, which is legally or equitably chargeable with the obligations, which such heir, executor, administrator or other trustee, is, as such, required to discharge. In general sense the word stands for anything of commercial value possessed by a party, like stock in trade, cash, property, etc.