What is the process of allocating performance to specific obligations called?

The process of allocating performance to specific obligations is referred to as "Specification of Performance." This concept is crucial in contract law, particularly in defining how and when a party fulfills its contractual duties. Specification of Performance involves explicitly identifying the actions required of each party and determining how these actions relate to the respective obligations outlined in the agreement.

In the context of contracts, this ensures clarity and enables all parties to understand their responsibilities, helping to prevent disputes regarding what is expected of them. The specificity provided in this process also allows for the proper assessment of performance, thereby facilitating enforcement if one party fails to meet its obligations.

Understanding this term is essential for interpreting contractual agreements and ensuring compliance with the terms set out by all involved parties.