Renunciation

Business, Legal & Accounting Glossary

Definition: Renunciation


Renunciation


What is the dictionary definition of Renunciation?

Dictionary Definition


n.

  1. giving up a right, such as a right of inheritance, a gift under a will or abandoning the right to collect a debt on a note.
  2. in criminal law, abandoning participation in a crime before it takes place, or an attempt to stop other participants from going ahead with the crime. A defendant may use renunciation as evidence of his/her innocence. Once the crime is underway, any claimed renunciation is factually too late.

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
https://payrollheaven.com/define/renunciation/
Modern Language Association (MLA):
Renunciation. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 20, 2024 https://payrollheaven.com/define/renunciation/.
Chicago Manual of Style (CMS):
Renunciation. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/renunciation/ (accessed: April 20, 2024).
American Psychological Association (APA):
Renunciation. PayrollHeaven.com. Retrieved April 20, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/renunciation/

Definition Sources


Definitions for Renunciation 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: 30th April, 2020 | 0 Views.