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单词 penalty clause
释义

> as lemmas

penalty clause
penalty clause n. a clause in a contract stipulating a penalty for failure to fulfil certain of its obligations.
ΘΚΠ
society > law > legal obligation > contract > [noun] > written contract or text of > specific clauses in contract
penalty clause1893
waiver clause1894
exclusion clause1937
exclusion1977
1893 Cent. Mag. May 150/2 A more serious defect in the law was revealed when its penalty clauses were examined.
1935 P. G. Wodehouse Luck of Bodkins xv. 170 The first thing she would do, if she was a sensible kid, would be to go to her lawyer and have a contract drawn up and signed, with penalty clauses.
1993 Holiday Which? Jan. 38/2 Tour operators try to stamp on hoteliers who double-book, by drafting penalty clauses in their contracts.
extracted from penaltyn.
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