non-performance

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non-performance

Said of a building contractor’s failure to perform the work, 1 called for in the contract documents.
References in periodicals archive ?
Participants in the nonperformance based and performance based incentive conditions received a material incentive as well.
s nonperformance risk on its derivative liabilities which resulted from a widening of its own credit spreads, a reduction in the company's recovery rates and the result of commuting derivatives at prices below fair value.
Another way a banker can reduce the risk of nonperformance and give favorable consideration to the credit request is to obtain a Small Business Administration, a U.
It's also possible to handle the competition in dance by picking a nonperformance goal ("I'll attend four major auditions in the next month"), but don't set your sights on getting accepted by a particular dance company (outcome goal), because that isn't under your control.
The first is quantification of the risk of counterparty nonperformance.
Correcting the nonperformance is an opportunity to avoid a crisis; ignoring or missing it is an invitation to a full-blown crisis.
With over a dozen performance and nonperformance majors, a diverse and talented student body representing 70 plus countries, and a music industry "who's who" of alumni, Berklee is the world's premier learning lab for the music of today and tomorrow.
A nonperformance beginning-ballet class and a more advanced class are offered for dancers from age 7 through adult years.