Performance feedback – this term is used in the Employment law where refers to a record of the productive behavior and results of the employee for a concrete term back it time, for the need of their manager/employer.

Performance bond – within the area of Contract Law, this phrase refers to a bond which guarantees the owner that the principal will perform their obligations per the concluded agreement, especially in relation to payments and deadlines.

Performance agreement – within the area of Contract Law, this legal phrase details a contract which has been signed in relation to the concrete party. I.e. the party is not allowed to use subcontractors or to be replaced by other…

Perfidy – this legal term details the activity to deliberate, or intentional breach of faith or calculated violation of trust; i.e. the state of being disloyal. A synonym is “treacherousness”.

Perfect Title/Perfect ownership – in the sphere of Property Law this legal phrase details an ownership right which is clear of any burdens, mortgages or encumbrances. It is undisputable and can be placed against any third parties, i.e. can be…

Perfect-tender right – in the area of Commercial Law, this phrase describes the legal right of the purchaser to deny acceptance/receipt of goods or items that do not match to the specifications, listed in the concluded contract.

Perfect equity – within the area of Real Estate Law this phrase refers to an equitable ownership right, which is given to the buyer who has fulfilled in full their obligations to the seller (i.e. paid 100% of the purchase…

Perfected – this legal term details the procedure of performing all necessary legal activities for obtaining a legal burden on assets of the defendant, for securing your claim. The term is related to “perfection”, which in terms of Bankruptcy Law…