Escape Clause

Business, Legal & Accounting Glossary

Definition: Escape Clause




What is the dictionary definition of Escape Clause?

Dictionary Definition


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.


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
https://payrollheaven.com/define/escape-clause/
Modern Language Association (MLA):
Escape Clause. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. September 24, 2021 https://payrollheaven.com/define/escape-clause/.
Chicago Manual of Style (CMS):
Escape Clause. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/escape-clause/ (accessed: September 24, 2021).
American Psychological Association (APA):
Escape Clause. PayrollHeaven.com. Retrieved September 24, 2021, from PayrollHeaven.com website: https://payrollheaven.com/define/escape-clause/

Definition Sources


Definitions for Escape 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: 28th April, 2020 | 4 Views.