Legal Definition of Dissolution: The cancellation of a contract or partnership; the act of revoking or canceling a legal proceeding, as when a court dissolves an injunction; the act of terminating a marriage; the dissolving of a corporation | Learn the basics of dissolution with our comprehensive guide. Understand the legal definition and explore examples of contract, partnership, marriage, and corporate dissolution. Discover why understanding this concept is crucial for protecting your interests, complying with legal requirements, and making informed business decisions. Seek professional legal advice to navigate complex situations effectively. Click here for more information