economic duress

economic duress
eco·nom·ic duress n: wrongful or unlawful conduct that creates fear of economic hardship which prevents the exercise of free will in engaging in a business transaction; also: the defense of economic duress – called also business compulsion;

Merriam-Webster’s Dictionary of Law. . 1996.

economic duress
See duress.

Collins dictionary of law. . 2001.


economic duress
n. An act of duress involving a threat of financial harm.

Webster's New World Law Dictionary. . 2000.

Look at other dictionaries:

  • economic duress — Historically, in contract law, a claim that a contract was voidable for duress could only be successful if a threat to the person (i. e. physical duress) had induced the contract. Now, however, a contract may be voidable for economic duress. The… …   Big dictionary of business and management

  • economic duress — Defense of economic duress, or business compulsion, arises where one individual, acting upon another s fear of impending financial injury, unlawfully coerces the latter to perform an act in circumstances which prevent his exercise of free will.… …   Black's law dictionary

  • economic duress — Defense of economic duress, or business compulsion, arises where one individual, acting upon another s fear of impending financial injury, unlawfully coerces the latter to perform an act in circumstances which prevent his exercise of free will.… …   Black's law dictionary

  • duress — du·ress /du̇ res, dyu̇ / n [Anglo French duresce, literally, hardness, harshness, from Old French, from Latin duritia, from durus hard]: wrongful and usu. unlawful compulsion (as threats of physical violence) that induces a person to act against… …   Law dictionary

  • Duress (contract law) — Duress in the context of contract law is a common law defense, and if one is successful in proving that the contract is vitiated by duress, the contract may be rescinded, since it is then voidable.Duress has been defined as a threat of harm made… …   Wikipedia

  • Duress — For English law on the criminal defences, see duress in English law. For the American film, see Duress (film) …   Wikipedia

  • Duress in English law — For United States law on the criminal defense, as well as for duress in contract law, see duress. Duress in English law is a complete common law defence, operating in favour of those who commit crimes because they are forced or compelled to do so …   Wikipedia

  • duress — Any unlawful threat or coercion used by a person to induce another to act (or to refrain from acting) in a manner he or she otherwise would not (or would). Subjecting person to improper pressure which overcomes his will and coerces him to comply… …   Black's law dictionary

  • duress — Any unlawful threat or coercion used by a person to induce another to act (or to refrain from acting) in a manner he or she otherwise would not (or would). Subjecting person to improper pressure which overcomes his will and coerces him to comply… …   Black's law dictionary

  • Duress — The act of using force, false imprisonment, coercion, threats or psychological pressure to compel someone to act contrary to his or her wishes or interests. Duress is also used as a form of defense to a crime by a defendant who is compelled or… …   Investment dictionary

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