escape clause
[ɪˈskeɪp klɔːz]
nounpl: escape clauses
cláusula de rescisão
1. A provision in a contract that allows one or both parties to terminate the agreement under specific circumstances without penalty
The contract included an escape clause that allowed either party to withdraw if conditions changed significantly.
O contrato incluía uma cláusula de rescisão que permitia a qualquer uma das partes se retirar se as condições mudassem significativamente.
2. A loophole or legal provision that permits someone to avoid an obligation or responsibility
The new regulation has an escape clause for small businesses to comply later.
A nova regulação tem uma cláusula de rescisão para pequenas empresas cumprirem mais tarde.
Escape clauses are particularly important in Brazilian and American business contracts. In Brazil, they're often negotiated heavily in employment and service contracts due to the country's labor laws. In the USA, escape clauses are common in real estate, employment, and commercial agreements. The term reflects a legalistic approach to protecting parties' interests in uncertain circumstances.
NYC Slang
out clause; a way out
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