escape clause
escape clause
escape clause
escape′ clause`
n.
| 单词 | escape clause |
| 释义 | escape clauseescape clauseescape clauseescape′ clause`n. escape clauseescape clausen. 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 clauseescape clauseA 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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