What is the definition of Ability to perform? | Dictionary.net

ABILITY TO PERFORM

\ɐbˈɪlətˌi tuː pəfˈɔːm], \ɐbˈɪlətˌi tuː pəfˈɔːm], \ɐ_b_ˈɪ_l_ə_t_ˌi t_uː p_ə_f_ˈɔː_m]\

Definitions of ABILITY TO PERFORM

1910 - Black's Law Dictionary (2nd edition)

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Ability to perform ensures that both parties in a transaction have the financial capacity to complete a transaction. Companies and individuals with higher credit ratings have a higher ability to perform.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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