irrevocable
Impossible to change or undo
If something is irrevocable, you cannot change it or take it back.
[a decision/step/choice] is irrevocable; make an irrevocable [decision/commitment]
- Once you press ‘submit,’ your application is irrevocable.
- Her decision to resign felt sudden, but it was irrevocable.
- Be careful what you say online—some posts can cause irrevocable harm.
- The decision is irrevocable.
- His choice was irrevocable.
Legally not able to be revoked
In law or business, irrevocable means it cannot be canceled after it is made.
an irrevocable [trust/license/offer/letter of credit]; [permission] is irrevocable
- The contract states that the license is irrevocable once the fee is paid.
- They used an irrevocable letter of credit to reduce the risk of nonpayment.
- She created an irrevocable trust to transfer assets out of her estate.
- The agreement is irrevocable.
- This permission is irrevocable.
- Base: irrevocable
irrevocable beneficiary designation
1Beneficiary choice cannot be changed
A beneficiary choice that you usually cannot change later.
- He named his ex-spouse with an irrevocable beneficiary designation as part of the divorce settlement.
- With an irrevocable beneficiary designation, the policyholder may need the beneficiary’s permission to make changes.
irrevocable consent
1Consent that cannot be withdrawn
Permission that cannot be taken back later.
- By signing, the customer gave irrevocable consent to electronic delivery of notices.
- The shareholders provided irrevocable consent to the merger terms.
irrevocable letter of credit
1Non-cancelable letter of credit
A bank promise to pay that cannot be changed without everyone agreeing.
- The exporter requested an irrevocable letter of credit before shipping the goods.
- The bank confirmed the irrevocable letter of credit to reassure the seller.
irrevocable license
1License that cannot be withdrawn
Legal permission to use something that cannot be taken back.
- The contract granted the partner an irrevocable license to use the software.
- They negotiated an irrevocable license in exchange for an upfront fee.
irrevocable offer
1Offer that cannot be withdrawn
An offer that the person making it cannot take back for a period of time.
- The seller made an irrevocable offer that remained open for 30 days.
- Under the agreement, the bid was treated as an irrevocable offer.
irrevocable trust
1Trust that cannot be changed
A legal arrangement where the creator usually cannot change the trust later.
- They set up an irrevocable trust for their children’s education.
- Once the assets were placed in the irrevocable trust, he could not simply take them back.