condition precedent
C1CEFR level
85/100Rarity: very rare
TechnicalRegister
Law noun
An event that must occur before a party's contractual duty becomes enforceable.
Closing is subject to a condition precedent that every regulatory approval be obtained first.
Business noun
A policy requirement that must be met before the insurer's liability can arise.
Prompt notification was a condition precedent, so the late claim handed the insurer a clean defence.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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