peremption

noun
pe·remp·tion | \ pə-ˈremp-shən \

Legal Definition of peremption 

in the civil law of Louisiana : 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

History and Etymology for peremption

Late Latin peremption- peremptio, the act of quashing, from Latin perimere to take away entirely, destroy, kill

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