When a party wishes to terminate a contract, it must typically observe a prescribed notification period before the termination takes effect—this is the termination notice period.
Source: https://www.duden.de/rechtschreibung/K%C3%BCndigungsfrist
Tools that match this term
You might also be interested in these terms
Weekly: Top news, industry facts and insights from the world of logistics – free.
Share your knowledge, ask follow-up questions, or add practical insights to this page. Every contribution is moderated before publication.