Specific Performance

Business / Real Estate / Specific Performance: An action brought in a court of equity in special cases to compel a party to carry out the terms of a contract. The basis for an equity courts jurisdiction in breach of a real estate contract is the fact that land is unique and mere legal damages would not adequately compensate the buyer for the sellers breach.

Other Words for Performance

Performance Verb Synonyms: execution, completion, bringing off or about, accomplishment, effectuation, carrying out, discharge, dispatch, conduct, carrying-on, doing, fulfilment
Performance Noun Synonyms: playing, acting, interpretation, presentation, portrayal
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Other Words for Specific

Specific Noun Synonyms: definite, precise, exact, particular, explicit, express, unambiguous, definitive, clear-cut, unequivocal, (well-)defined, determined, specified, individual, peculiar, certain, limited, indicated, predetermined, established, spelt or spelled out, delineate
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Suit For Specific Performance

Business / Real Estate / Suit For Specific Performance: If a seller breaches a real estate contract, the buyer may sue for specific performance. The buyer asks the court to force the seller to go through with the sale and convey the property as previously MORE

Performance Stock

Business / Finance / Performance Stock: High-growth stock in a company that retains earnings for further growth and therefore pays no dividends, but that an investor feels has significant future potential. MORE

Performance Standards

Business / Human Resources (HR) / Performance Standards: The tasks, functions or behavioral requirements established by the employer as goals to be accomplished by an employee. MORE

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