the failure to hold quiet all information that is confidential .
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BREACH OF CONTRACT
Failure to live up to the terms of a contract. The failure may provoke a lawsuit, in which an aggrieved party asks a court to award financial compensation for the […]
BREACH OF COVENANT
The nonperformance of any covenant agreed to be performed, or the doing of any act Covenanted not to be done. Holthouse.
BREACH OF DUTY
In a general sense, any violation or omission of a legal or moral duty. More particularly, the neglect or failure to fulfill in a just and proper manner the duties […]
BREACH OF FAITH
This term applies to the violation of moral duty.
BREACH OF PEACE
This term applies to the creating of a public disturbance with loud noises, riotous and unsocial behaviour.
BREACH OF POUND
The breaking any pound or place where cattle or goods distrained are deposited, in order to take them back. 3 Bl. Comm. 14G.
BREACH OF PRISON
The offense of actually and forcibly breaking a prison or gaol, with intent to escape. 4 Chit. Bl. 130, notes; 4 Steph. Comm. 255. The escape from custody of a […]
BREACH OF PRIVILEGE
An act or default in violation of the privilege of either house of parliament , of congress, or of a state legislature .
BREACH OF PROMISE
Violation of a promise: chiefly used as an elliptical ex- i>ressiop> for “li-each of promise of marriage.”
BREACH OF SECURITY
When classified or private information is accessed or given away without the rights or authorization of the proper owner.
BREACH OF THE PEACE
A violation of the public tranquillity and order. The offense of breaking or disturbing the public peace by any riotous, forcible, or unlawful proceeding. 4 Bl. Comm. 142. ct scq.; […]
BREACH OF TRUST
Violation (either through fraud or negligence ) by a trustee of a duty that equity requires of him.
BREACH OF WARRANTY
In real property law and the law of insurance. The failure or falsehood of an affirmative promise or statement, or the nonperformance of an executory stipulation . Hendricks v. Insurance […]
BREACH OFTRUST
Any act done by a trustee contrary to the terms of his trust, or in excess of his authority and to the detriment of the trust; or the wrongful omission […]
BREAD ACTS
Laws providing for the sustenance of persons kept in prison for debt.
BREADBOARD CONFIGURATION
An experimental device (or group of devices) used to determine feasibility and to develop technical data . It will normally be configured for laboratory use to demonstrate the technical principles […]
BREADLINE
A line of people waiting to receive free food.
BREADTH OF THE MARKET THEORY
Used to gauge the number of stocks advancing and declining for the day. If the breadth indicator is strong, this theory predicts that the market will be rising and vice […]
BREAK FORWARD
A FORWARD contract with a feature giving one party the ability to cancel the transaction at a future time in order to complete the underlying deal in the SPOT MARKET […]
BREAK IN SERVICE
Amount of time between leaving a company and returning to work at the same company; used in calculating benefits in regard to leaves of absence, short-term disability, and other extended […]
BREAK OR BAR AN ENTAIL
To free an estate from the limitations imposed by an entailand permit its free disposition , anciently by means of a fine or common recovery , butnow by deed in […]
BREAK-EVEN LEASE PAYMENT
The lease payment at which a party to a prospective lease is indifferent between entering and not entering into a lease arrangement .
BREAKAGE
The action of breaking something or a thing that has been broken.
BREAKAGE COST
The difference between the value of the remaining loan repayments at the original fixed rate and their value at the present market rate.