Law Dictionary
peremption
noun
pe·remp·tion
\pə-ˈremp-shən\
Legal Definition of peremption
: the absolute extinguishment of a right that prevents the bringing of an action a claim barred by peremption; also : the period of time after which such an extinguishment automatically occurs — compare prescription
From the M-W Editors
Origin and Etymology of peremption
Late Latin peremption- peremptio, the act of quashing, from Latin perimere to take away entirely, destroy, kill
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