Act or process of dissolving; termination; winding up. In this sense it is frequently used in the phrase dissolution of a partnership.
The dissolution of a contract is its rescission by the parties themselves or by a court that nullifies its binding force and reinstates each party to his or her original position prior to the contract.
The dissolution of a corporation is the termination of its existence as a legal entity. This might occur pursuant to a statute, the surrender or expiration of its charter, legal proceedings, or bankruptcy.
In domestic relations law, the term dissolution refers to the ending of a marriage through divorce.
The dissolution of a partnership is the end of the relationship that exists among the partners as a result of any partner discontinuing his or her involvement in the partnership, as distinguished from the winding up of the outstanding obligations of the business.
"Dissolution." West's Encyclopedia of American Law. . Encyclopedia.com. (March 24, 2018). http://www.encyclopedia.com/law/encyclopedias-almanacs-transcripts-and-maps/dissolution
"Dissolution." West's Encyclopedia of American Law. . Retrieved March 24, 2018 from Encyclopedia.com: http://www.encyclopedia.com/law/encyclopedias-almanacs-transcripts-and-maps/dissolution
Encyclopedia.com gives you the ability to cite reference entries and articles according to common styles from the Modern Language Association (MLA), The Chicago Manual of Style, and the American Psychological Association (APA).
Within the “Cite this article” tool, pick a style to see how all available information looks when formatted according to that style. Then, copy and paste the text into your bibliography or works cited list.
Because each style has its own formatting nuances that evolve over time and not all information is available for every reference entry or article, Encyclopedia.com cannot guarantee each citation it generates. Therefore, it’s best to use Encyclopedia.com citations as a starting point before checking the style against your school or publication’s requirements and the most-recent information available at these sites:
Modern Language Association
The Chicago Manual of Style
American Psychological Association
- Most online reference entries and articles do not have page numbers. Therefore, that information is unavailable for most Encyclopedia.com content. However, the date of retrieval is often important. Refer to each style’s convention regarding the best way to format page numbers and retrieval dates.
- In addition to the MLA, Chicago, and APA styles, your school, university, publication, or institution may have its own requirements for citations. Therefore, be sure to refer to those guidelines when editing your bibliography or works cited list.
dis·so·lu·tion / ˌdisəˈloōshən/ • n. 1. the closing down or dismissal of an assembly, partnership, or official body: the dissolution of their marriage | Henry VIII declared the abbey's dissolution in 1540. ∎ technical the action or process of dissolving or being dissolved: minerals susceptible to dissolution. ∎ disintegration; decomposition: the dissolution of the flesh. ∎ formal death. 2. debauched living; dissipation: an advanced state of dissolution.
"dissolution." The Oxford Pocket Dictionary of Current English. . Encyclopedia.com. (March 24, 2018). http://www.encyclopedia.com/humanities/dictionaries-thesauruses-pictures-and-press-releases/dissolution
"dissolution." The Oxford Pocket Dictionary of Current English. . Retrieved March 24, 2018 from Encyclopedia.com: http://www.encyclopedia.com/humanities/dictionaries-thesauruses-pictures-and-press-releases/dissolution