practical completion

noun

In a construction contract, the point at which the property can be occupied and used. Typically, half of the retention monies are released, the contractor's potential liability for liquidated damages ends and the defects rectification period begins.

Ask AI about this wordChatGPTClaudePerplexityGoogle AIGrok

Meanings

nounpractical completion (usually uncountable, plural practical completions)

plural practical completions

  1. uncountableusuallybusinessIn a construction contract, the point at which the property can be occupied and used. Typically, half of the retention monies are released, the contractor's potential liability for liquidated damages ends and the defects rectification period begins.
Cite this entry
APA

practical completion. (n.d.). In WatkinsX Dictionary. Retrieved November 2, 2026, from https://dictionary.watkinsx.com/word/practical%20completion

MLA

“practical completion.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/practical%20completion. Accessed November 2, 2026.

Chicago

WatkinsX Dictionary, s.v. “practical completion,” accessed November 2, 2026, https://dictionary.watkinsx.com/word/practical%20completion.

Source: practical completion on Wiktionary, CC BY-SA 4.0.