escape clause

n. A clause in a contract that specifies the conditions under which the promisor is relieved of liability for failure to meet the terms of the contract.

escape clause

n (Industrial Relations & HR Terms) a clause in a contract freeing one of the parties from his obligations in certain circumstances

escape′ clause`

n. a provision in a contract that enables a party to terminate contractual obligations in specified circumstances. [1940–45]

Translations

clausola di rescissione

escape clause

A clause that allows one party or the other to cancel a contract without penalty upon the happening of certain described events or conditions.The most common ones in real estate are the ability to cancel a purchase contract if the buyer cannot secure acceptable financing or if the buyer cannot sell his or her own home.

单词	escape clause
释义	escape clause escape clause n. A clause in a contract that specifies the conditions under which the promisor is relieved of liability for failure to meet the terms of the contract. escape clause n (Industrial Relations & HR Terms) a clause in a contract freeing one of the parties from his obligations in certain circumstances escape′ clause` n. a provision in a contract that enables a party to terminate contractual obligations in specified circumstances. [1940–45] Translations clausola di rescissione escape clause escape clause n. a provision in a contract which allows one of the parties to be relieved from (get out of) any obligation if a certain event occurs. escape clause escape clause A clause that allows one party or the other to cancel a contract without penalty upon the happening of certain described events or conditions.The most common ones in real estate are the ability to cancel a purchase contract if the buyer cannot secure acceptable financing or if the buyer cannot sell his or her own home.
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