In plain English
It is an item one side of an agreement submits to say they want the agreement to stop. The key points are who makes it—a party to that contract—and what it asks for: ending the contract.
In context
Here, "termination request" names the submitted item in which a party to the contract asks for the contract to be ended.
- Situation
- Processing amendments, renewals, extensions, suspension, and termination
- What it communicates
- names a submitted item asking to end the contract
Meaning limits
The term alone does not show that the contract has already been ended or that the request has been accepted.
Examples
“The supplier sent a termination request, but the contract remained in force while the customer reviewed it.”
“Both directors signed the termination request before it was sent to the other party.”