Basket Clause

Business, Legal & Accounting Glossary

Definition: Basket Clause

Basket Clause

Full Definition of Basket Clause

A type of clause that is found in various contracts that are considered to be comprehensive or all-inclusive. Use of a basket clause attempts to alleviate any potential controversy or arguments regarding the contract in the future.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
Modern Language Association (MLA):
Basket Clause. Payroll & Accounting Heaven Ltd. November 29, 2021
Chicago Manual of Style (CMS):
Basket Clause. Payroll & Accounting Heaven Ltd. (accessed: November 29, 2021).
American Psychological Association (APA):
Basket Clause. Retrieved November 29, 2021, from website:

Definition Sources

Definitions for Basket Clause are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.