| 释义 |
contestability, n.
Brit. |kənˌtɛstəˈbɪlɪti|, U.S. |kənˌtɛstəˈbɪlɪdi|
[‹ contestable adj. + -ity suffix; compare -bility suffix.]
1. The quality or state of being contestable.
1893N.Y. Times 16 July 10/5 After three years its policies would not be contested... The feature was soon taken up by other companies,..and the period of contestability shortened. 1923T. E. Lawrence Let. 30 May (1938) 417 Part of the virtue apparent in the book lies in its secrecy, its novelty, and its contestability. 1940Michigan Law Rev. 38 1274 If it appears that at the time the insured took out the policy he intended to commit a crime recovery is barred, at least if the death occurred within the contestability period. 1991N.Y. Times 8 Dec. iv. 1/4 [He] is the heavy favorite for re-election. But between Labor Day and Thanksgiving, his position slid from unassailability to contestability.
2. Econ. The extent to which a particular market is amenable to competition or open to new entry from competitors; the fact of being a contestable market. Cf. contestable adj. Additions
1981Law & Contemp. Prob. 44 125 (title) The contestability of airline markets during the transition to deregulation. 1996J. E. Campos & H. L. Root Key to Asian Miracle iii. 60 Contestability implies that even a few companies in a market will have incentives to introduce innovative products in competition with existing products in order to deter the competitive activitites of potential entrants. 2005Independent 21 Nov. 31/4 Their main target is her proposal to offer primary care services under the banner of ‘contestability’, a New Labour euphemism for competition. |