Condition Subsequent

Business, Legal & Accounting Glossary

Definition: Condition Subsequent

What is the dictionary definition of Condition Subsequent?

Dictionary Definition

n. 1) in a contract, a happening which terminates the duty of a party to perform or do his/her part. 2) in a deed to real property, an event which terminates a person’s interest in the property. Examples: if the Dingbat Company closes its business, a supplier will not be required to fulfil its contract and deliver gadgets to the company and the contract will terminate; if daughter-in-law Beatrice terminates her marriage to Reggie Fauntleroy, her interest in the real property will terminate and revert to the grantors, Mom and Dad Fauntleroy.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
Modern Language Association (MLA):
Condition Subsequent. Payroll & Accounting Heaven Ltd. September 26, 2021
Chicago Manual of Style (CMS):
Condition Subsequent. Payroll & Accounting Heaven Ltd. (accessed: September 26, 2021).
American Psychological Association (APA):
Condition Subsequent. Retrieved September 26, 2021, from website:

Definition Sources

Definitions for Condition Subsequent are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 27th April, 2020 | 1 Views.