Definition - What does Termination mean?
Termination refers to the formal ceasing of something.
In the context of the law, termination commonly refers to the ceasing of employment, a landlord and tenant agreement, or a contract.
Once termination occurs, the agreement that had existed beforehand no longer exists. Proper legal protocols must be followed when termination occurs.
Justipedia explains Termination
Termination occurs very frequently in the workplace. It typically happens when an employee does something that is unacceptable to the employer, or when the employer has another good reason to fire the employee. However, if the employee believes that the employer has terminated him/her under unfair or wrongful circumstances, then he or she can sue the employer for wrongful termination. If he or she wins the lawsuit, then the employer can be forced to pay damages.