time is of the essence
The phrase "time is of the essence" underscores the critical importance of timely action in various contexts, particularly in legal and business agreements.
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Definition
B2General
(formal)Prompt action is crucial to achieve the desired outcome.
Example
- In emergency situations, time is of the essence to save lives.
- When dealing with perishable goods, time is of the essence.
C1Law
(technical, contractual)Timely performance is a critical obligation under a contract, and any delay may constitute a breach.
Example
- The contract explicitly states that time is of the essence, making any delays unacceptable.
- In real estate transactions, time is of the essence to ensure all parties meet their deadlines.
Similar
Terms that have similar or relatively close meanings to "time is of the essence":
against timetempus fugitno timehigh timetime limitmake timein a hurry