back out of the agreement vs withdraw from the agreement

Both 'back out of the agreement' and 'withdraw from the agreement' are correct phrases that can be used interchangeably. They both convey the idea of canceling or reneging on an agreement. The choice between the two may depend on personal preference or the specific context in which they are used.

Last updated: March 22, 2024 • 891 views

This phrase is correct and commonly used in English to mean canceling or reneging on an agreement.

"back out of the agreement"

This phrase is used when someone decides not to fulfill their part of an agreement or contract.

Examples:

He promised to invest in the project, but he backed out of the agreement at the last minute.
I don't want to back out of the agreement, but I have no other choice.
She felt guilty about backing out of the agreement, but it was necessary for her business.
The company decided to back out of the agreement due to financial constraints.
The buyer tried to back out of the agreement, but the seller insisted on completing the deal.

Alternatives:

withdraw from the agreement
pull out of the agreement
renege on the agreement
cancel the agreement
opt out of the agreement

This phrase is correct and commonly used in English to mean canceling or reneging on an agreement.

"withdraw from the agreement"

This phrase is used when someone decides not to fulfill their part of an agreement or contract.

Examples:

After careful consideration, they decided to withdraw from the agreement.
The company had to withdraw from the agreement due to unforeseen circumstances.
She regretted having to withdraw from the agreement, but it was the only option.
He was forced to withdraw from the agreement because of legal issues.
The government announced its decision to withdraw from the agreement with the neighboring country.

Show examples from the web [+]

Pursuant to Article 8(5) of the Agreement either Party may withdraw from the Agreement by notifying the other party.
2. The Party concerned shall notify the other Party of its intention to withdraw from the Agreement in writing at least six months before the date of expiry of the initial period or each additional period.
The Party concerned shall notify the other Party in writing of its intention to withdraw from the Agreement at least six months before the date of expiry of the initial period or each additional period.
The party concerned shall notify the other party of its intention to withdraw from the Agreement in writing at least six months before the date of expiry of the initial period or each additional period.
Either party may withdraw from the agreement before it is due to expire by giving 6 months' notice.
Either party may withdraw from the agreement before it is due to expire, with no obligation of compensation or indemnity, by giving 6 months' notice; however, no notice may be given in the first 12 months following the commencement of the service.
The Party concerned shall notify the other Party in writing of its intention to withdraw from the Agreement at least six months before the date of expiry of the initial period or each additional period.
If the Agreement is terminated for the reasons mentioned in paragraph 2 the Party concerned shall notify the other Party of its intention to withdraw from the Agreement in writing at least six months before the date of expiry of the initial period or each additional period.
The Party concerned shall notify the other Party in writing of its intention to withdraw from the Agreement at least six months before the date of expiry of the initial period or each additional period.
The right of the consumer to be able to withdraw from the agreement within a reasonable period of time without needing to justify his action must also be established.
As will be explained in paragraph 111, Mr Raithel was entitled, furthermore, to withdraw from the agreement if the TIB participation and/or other measures did not materialise, whereas TIB did not have that right.
It is appropriate that the Community should withdraw from the Agreement.
Either Party may, on six months' notice withdraw from the Agreement.
Either party may withdraw from the Agreement, giving the other party notice at least six months before 31 December any year.
5. If a Party wishes to withdraw from the Agreement, it shall notify the other Party in writing of such intention and the withdrawal will take effect six months after the date on which the notification was received.
3. Either Party may at any time propose modifications to this Agreement. Either Party may, on six months' notice withdraw from the Agreement.
(1) This Agreement is valid for a minimum term of four years and is automatically renewed for consecutive two year terms. Parties are entitled to withdraw from the Agreement with one year notice.
In particular, consumers will be given a 14 day cooling-off period during which they can withdraw from the agreement without any consequences, which will help them to think over their decision.
The party concerned shall notify the other party of its intention to withdraw from the Agreement in writing at least six months before the date of expiry of the initial period or each additional period.

Alternatives:

back out of the agreement
pull out of the agreement
renege on the agreement
cancel the agreement
opt out of the agreement

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back out of the agreement vs withdraw from the agreement