Non-Cancellable

Definition

• A contract or a clause within a contract that cannot be rescinded, repealed, and/or modified.

Synonyms
unchangeable, immutable, permanent

Related Terms and Acronyms

• Indefeasible — Definition,
  • That which cannot be forfeited or done away with. Indemnity Protection or exemption from loss or damage.
• Modification — Definition,
  • A change in terms of the loan agreement.
• Rescission — Definition,
  • Cancellation of a contract by agreement of the parties.