let out a contract
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let-out clause — / let aυt klɔ:z/ noun a clause which allows someone to avoid doing something in a contract ● He added a let out clause to the effect that the payments would be revised if the exchange rate fell by more than 5% … Dictionary of banking and finance
let·out — /ˈlɛtˌaʊt/ noun, pl outs [count] Brit informal : something (such as an excuse or a part of a contract) that makes it possible to avoid doing something Is there no letout I can use to get out of attending the meeting? see also let out at ↑let, 1 … Useful english dictionary
To let out — Let Let, v. t. [imp. & p. p. {Let} ({Letted} (l[e^]t t[e^]d), [Obs].); p. pr. & vb. n. {Letting}.] [OE. leten, l[ae]ten (past tense lat, let, p. p. laten, leten, lete), AS. l[=ae]tan (past tense l[=e]t, p. p. l[=ae]ten); akin to OFries. l[=e]ta,… … The Collaborative International Dictionary of English
let — vb let, let·ting vt 1: to offer or grant for rent, lease, or hire: lease may not be alienated, let, or encumbered corporeal things may be let out 2: to assign esp. after bids were att … Law dictionary
Let — Let, v. t. [imp. & p. p. {Let} ({Letted} (l[e^]t t[e^]d), [Obs].); p. pr. & vb. n. {Letting}.] [OE. leten, l[ae]ten (past tense lat, let, p. p. laten, leten, lete), AS. l[=ae]tan (past tense l[=e]t, p. p. l[=ae]ten); akin to OFries. l[=e]ta, OS.… … The Collaborative International Dictionary of English
Let — Let, v. t. [imp. & p. p. {Let} ({Letted} (l[e^]t t[e^]d), [Obs].); p. pr. & vb. n. {Letting}.] [OE. leten, l[ae]ten (past tense lat, let, p. p. laten, leten, lete), AS. l[=ae]tan (past tense l[=e]t, p. p. l[=ae]ten); akin to OFries. l[=e]ta, OS.… … The Collaborative International Dictionary of English
contract — con·tract 1 / kän ˌtrakt/ n [Latin contractus from contrahere to draw together, enter into (a relationship or agreement), from com with, together + trahere to draw] 1: an agreement between two or more parties that creates in each party a duty to… … Law dictionary
let — let1 [let] vt. let, letting [ME leten < OE lætan, to leave behind, akin to Ger lassen < IE * lēd < base * lēi , to neglect, leave behind > LATE, L letum, death] 1. to leave; forsake; abandon: now only in phrases let alone or let be or … English World dictionary
let — let1 /let/, v., let, letting, n. v.t. 1. to allow or permit: to let him escape. 2. to allow to pass, go, or come: to let us through. 3. to grant the occupancy or use of (land, buildings, rooms, space, etc., or movable property) for rent or hire… … Universalium
let — 1. v. & n. v. (letting; past and past part. let) 1 tr. a allow to, not prevent or forbid (we let them go). b cause to (let me know; let it be known). 2 tr. (foll. by into) a allow to enter. b make acquainted with (a secret etc.). c inlay in. 3 tr … Useful english dictionary
LET — 1. v. & n. v. (letting; past and past part. let) 1 tr. a allow to, not prevent or forbid (we let them go). b cause to (let me know; let it be known). 2 tr. (foll. by into) a allow to enter. b make acquainted with (a secret etc.). c inlay in. 3 tr … Useful english dictionary