Break clause
A provision in a sales contract that allows the seller to keep a house on the market when the buyer has inserted a contingency clause in the sales contract.
If another buyer comes along, the first buyer has a limited time to go ahead with the purchase.
Financial terms alphabetically:
| #
| A
| B
| C
| D
| E
| F
| G
| H
| I
| J
| K
| L
| M
| N
| O
| P
| Q
| R
| S
| T
| U
| V
| W
| X
| Y
| Z
|