irrevocable
31irrevocable — /əˈrɛvəkəbəl/ (say uh revuhkuhbuhl), /ɪrəˈvoʊkəbəl/ (say iruh vohkuhbuhl) adjective not to be revoked or recalled; that cannot be repealed or annulled: an irrevocable decree. {Middle English, from Latin irrevocābilis} –irrevocability… …
32irrevocable — Not revocable at the will of one party. Re Zimmerman, 236 NY 15, 139 NE 764. The usual meaning of the word is never to be revoked; never to be abrogated, annulled, or withdrawn. But a court will not so interpret the word when such a construction… …
33irrevocable, irreversible — Irrevocable means unable to be repealed or annulled, not to be called back : The judge declared that the fine was irrevocable. After jumping from an airplane, one realizes that his act is irrevocable. (Irrevocable should be pronounced with… …
34irrevocable trust — see trust Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. irrevocable trust …
35irrevocable undertaking — Also known as a lock up. A binding agreement by a target shareholder to accept a takeover offer. An irrevocable undertaking may be either hard (binding in all circumstances), soft (ceases to be binding if a higher offer emerges) or semi hard… …
36irrevocable authority — certain types of agency agreement are held to be irrevocable: (1) authority coupled with an interest, where the underlying purpose of the agency agreement is to protect some interest of the agent; (2) executed authority, where the agent has… …
37irrevocable letter of credit — see letter of credit Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …
38irrevocable power of attorney — see power of attorney Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …
39irrevocable life insurance trust — (ILIT) See: life insurance trust Category: Wills, Trusts & Estates → Estate Tax Nolo’s Plain English Law Dictionary. Gerald N. Hill, Kathleen Thompson Hill. 2009 …
40irrevocable credits — Credits that can only be amended or revoked with the consent of all parties (the buyer, the issuing bank, the seller and any confirming bank). Related links letters of credit acceptance credits Practical Law Dictionary. Gl …
