termintyp

Termintyp is a classification used in contract management, project governance, and service administration to describe the manner in which an agreement, obligation, or service term ends. It is typically understood as a category within a broader termination framework that helps organizations standardize how terminations are recorded, processed, and audited.

Common termintyp values include expiration when a term ends automatically on a fixed date; termination for convenience when one party or the other ends the agreement without fault; termination for cause or breach when an obligation is not fulfilled; mutual termination by agreement; and early termination by notice.

In data models, termintyp is usually implemented as an enumerated type or coded field. It is accompanied by attributes such as notice period, required approvals, effective date, and the consequences for duties, penalties, and restitutions. Taxonomies may vary by jurisdiction and industry, but most share a core set of generic categories.

Applications include contract lifecycle management, subscription platforms, human resources offboarding, and IT service management. Analysts use termintyp to generate reports, trigger workflows, and enforce policy. Some systems require localization, linking to termination reasons, and mapping to legal or financial implications.