escape clause

escape clause
/ɪ'skeɪp klɔ:z/ noun
a clause in a contract which allows one of the parties to avoid carrying out the terms of the contract under certain conditions

Dictionary of banking and finance. 2015.

Игры ⚽ Поможем сделать НИР

Look at other dictionaries:

  • escape clause — n: a clause in a contract that allows a party to avoid liability under the contract for specified reasons; esp: a provision in an insurance policy that denies coverage when other insurance covers the risk Merriam Webster’s Dictionary of Law.… …   Law dictionary

  • escape clause — ➔ clause * * * escape clause UK US noun [C] ► COMMERCE, LAW a statement in a contract that allows you to break all or part of the contract under particular conditions …   Financial and business terms

  • escape clause — ► NOUN ▪ a clause in a contract which specifies the conditions under which one party can be freed from an obligation …   English terms dictionary

  • escape-clause — index dispensation (exception) Burton s Legal Thesaurus. William C. Burton. 2006 …   Law dictionary

  • escape clause — escape′ clause n. bus a provision in a contract that enables a party to terminate contractual obligations in specified circumstances • Etymology: 1940–45 …   From formal English to slang

  • Escape clause — An escape clause is any clause, term or condition in a contract that allows a party to that contract to avoid having to perform the contract (also often referred to as a Natalie Clause).If an agreement was drawn up for the sale of a house, for… …   Wikipedia

  • Escape Clause — Infobox Television episode Title = Escape Clause Series = The Twilight Zone Caption = David Wayne in Escape Clause Season = 1 Episode = 6 Airdate = November 6, 1959 Production = 173 3603 Writer = Rod Sterling Director = Mitchell Leisen Guests =… …   Wikipedia

  • Escape Clause — Filmdaten Deutscher Titel Escape Clause – Tödliche Rache Originaltitel Escape Clause …   Deutsch Wikipedia

  • escape clause — UK / US noun [countable] Word forms escape clause : singular escape clause plural escape clauses legal a statement in a contract that allows you to avoid doing something that the contract is intended to make you do …   English dictionary

  • escape clause — a provision in a contract that enables a party to terminate contractual obligations in specified circumstances. [1940 45] * * * noun, pl ⋯ clauses [count] : a part of a contract that allows you to get out of the contract in a particular situation …   Useful english dictionary

  • Escape Clause (disambiguation) — Escape clause can have the following uses:*Escape clause (Law) a type of contract clause *Escape Clause an episode of The Twilight Zone *Escape Clause (That s So Raven episode) a That s So Raven episode. * a Tim Allen movie …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”