What is REPUDIATION?

Rejection; disclaimer; renunciation; the rejection or refusal of an offered or available right or privilege, or of a duty or relation. See Iowa State Sav. Bank v. Black, 91 Iowa, 490, 59 N. W. 2S3; Daley ,v. Saving Ass’n, 17S Mass. 13, 59 N. E. 452. The refusal on the part of a state or government to pay its debts, or its declaration that its obligations, previously contracted, are no longer regarded by it as of binding force. In the civil law. The casting off or putting away of a woman betrothed; also, but less usually, of a wife; divorcement. In ecclesiastical law. The refusal to accept a benefice which has been conferred upon the party repudiating.

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