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reformation


reformation, defined:

an action of the court to correct a written contract in instances of mutual mistake or misrepresentation. A reformation is done in the interest of justice, rewriting the contract to reflect the true intentions of the parties.

reformation, as it might be used:

The auction winner sought reformation of the contract price according to law which prevents a seller from secretly bidding on his own goods.
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The term, reformation, scores 75% on the Jargon Index (click for explanation)
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