Void and Breadth

noun

• The state of nonexistence.
  • synonyms: nothingness, nullity, nihility
• An empty area or space.
  • usage: "the huge desert voids"; "the emptiness of outer space"; "without their support he'll be ruling in a vacuum"
  • synonyms: vacancy, emptiness, vacuum

verb

• Declare invalid.
  • usage: "The contract was annulled"; "void a plea"
  • synonyms: invalidate, annul, quash, avoid, nullify
• Clear (a room, house, place) of occupants or empty or clear (a place or receptacle. of something)
  • usage: "The chemist voided the glass bottle"; "The concert hall was voided of the audience"
• Take away the legal force of or render ineffective.
  • usage: "invalidate a contract"
  • synonyms: invalidate, vitiate
• Excrete or discharge from the body.
  • synonyms: evacuate, empty

adjective

• Lacking any legal or binding force.
  • usage: "null and void"
  • synonyms: null
• Containing nothing.
  • usage: "the earth was without form, and void"

• (a.) Having no incumbent; unoccupied; -- said of offices and the like.
• (a.) Not producing any effect; ineffectual; vain.
• (a.) Of no legal force or effect, incapable of confirmation or ratification; null. Cf. Voidable, 2.
• (a.) Being without; destitute; free; wanting; devoid; as, void of learning or of common use.
• (n.) An empty space; a vacuum.
• (a.) To render void; to make to be of no validity or effect; to vacate; to annul; to nullify.
• (a.) Containing no immaterial quality; destitute of mind or soul.
• (a.) To remove the contents of; to make or leave vacant or empty; to quit; to leave; as, to void a table.
• (v.i.) To be emitted or evacuated.
• (a.) To throw or send out; to evacuate; to emit; to discharge; as, to void excrements.
• (a.) Containing nothing; empty; vacant; not occupied; not filled.

Having no legal force or binding effect; a nullity; not enforceable. A' void' agreement is no contract at all. A void contract need not be disaffirmed, nor can it be ratified. A contract for an illegal purpose (for example, gambling) is void. A voidable contract is one that is able to be voided. Voidable implies a valid act that may be rejected by an act of disaffirmance, rather than an invalid act that may be confirmed. For example, if a minor contracts to buy a diamond ring, the contract can be voided by the minor because of lack of sufficient age. If, however, the minor elects to enforce the contract, the contract is valid and the other party cannot assert the minor's lack of age as a defense.

noun

• The capacity to understand a broad range of topics.
  • usage: "a teacher must have a breadth of knowledge of the subject"; "a man distinguished by the largeness and scope of his views"
  • synonyms: comprehensiveness, largeness
• The extent of something from side to side.
  • synonyms: width

(a.) Distance from side to side of any surface or thing; measure across or at right angles to the length; width.

This is one of those technical terms you hear in a trading room. It simply demonstrates how broadly a market is moving. When three-quarters of the stocks on the New York Stock Exchange, for example, rise during a given day, an observer might say the stock market had good' Breadth'. Often, observers will measure the number of stocks advancing against the number declining as one way of monitoring breadth.