A clause in a contract, treaty, etc., specifying circumstances under which a party can be freed from all or some of the obligations of the agreement; frequently figurative and in extended use.
Posts made by Jason Yan
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Getoutclause
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In the doghouse
If you are in the doghouse, someone is annoyed with you and shows their disapproval:
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General equilibrium
a theory that tries to explain the behaviour of supply, demand, and prices in the economy as a whole:
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RE: Air conditioning
the system used for keeping the air in a building or vehicle cool:
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Ex-capitalization
if a stock is sold ex-capitalization, any scrip issue (= new shares offered free to shareholders) will belong to the seller instead of the buyer:
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RE: Necklaces
to kill someone by putting a burning rubber tyre around their neck
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RE: Beerpong
A drinking game in which players attempt to throw or hit table tennis balls into cups of beer, and their opponents are required to drink the contents of any cup in which a ball lands.
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Objects clauses
a part of a companys memorandum of association (= a legal document describing a new company) that states the aims of the company and the powers of the company directors :
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RE: Financial intermediary
a person who sells financial products, such as an independent financial adviser
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Pea soup
a soup made from peas, especially one made from dried peas that have been boiled
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Morning tea
a snack (= small amount to eat) and a drink that you have between breakfast and lunch
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RE: Relegating
to put someone or something into a lower or less important rank or position:
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RE: Hasted
in the past, the second person singular form of the present tense of have:
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Employee stock ownership plan
a benefits plan in which employees own a percentage of their company’s shares, which are bought and managed for them by a trust (= separate organization) :
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Bacheloretteparty
A party given for a woman who is about to get married, typically one attended by women only.
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RE: Bunk bed
a narrow bed that is attached to a wall, especially in a boat or a train