void ab initio

void ab initio
void ab initio
A Latin phrase meaning a contract or agreement is void from the outset. Compare this to a contract that may subsequently be declared void by one of the parties (SA-Bankruptcy.com)

United Glossary of Bankruptcy Terms 2012.

Glossary of Bankruptcy.

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  • void ab initio — ► having no legal force from the beginning: »The agreement was declared void ab initio because he was under the legal age when he signed it. Main Entry: ↑void …   Financial and business terms

  • void ab initio — adj. Never having had legal validity; void from the beginning. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008 …   Law dictionary

  • void ab initio — lacked validity from the start, is not obligatory …   English contemporary dictionary

  • void — [vɔɪd] adjective LAW a contract or agreement that is void has no legal effect because it is against the law: • Under state law, a contract to pay money knowingly lent for gambling is void. void verb [transitive] : • Mr. Mullen s termination… …   Financial and business terms

  • Void (law) — In law, void means of no legal effect. An action, document or transaction which is void is of no legal effect whatsoever: an absolute nullity the law treats it as if it had never existed or happened. The term void ab initio, which means to be… …   Wikipedia

  • void — Null; ineffectual; nugatory; having no legal force or binding effect; unable, in law, to support the purpose for which it was intended. Hardison v. Gledhill, 72 Ga.App. 432, 33 S.E.2d 921, 924. An instrument or transaction which is wholly… …   Black's law dictionary

  • Void contract — A void contract, also known as a void agreement, is not actually a contract. A void contract cannot be enforced by law. Void contracts are different from voidable contracts, which are contracts that may be (but not necessarily will be)… …   Wikipedia

  • void — 1 / vȯid/ adj 1: of no force or effect under law a void marriage 2: voidable void·ness n void 2 vt: to make or declar …   Law dictionary

  • void marriage — A marriage absolutely prohibited by law and not subject to ratification. A marriage which is expressly declared a nullity ab initio by statute. 35 Am J1st Mar § 46 …   Ballentine's law dictionary

  • ab initio — ab ini·tio /ˌab ə ni shē ˌō, ˌäb i nē tē ˌō/ adv [Latin]: from the beginning a contract found to be void ab initio Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

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