adaptablecontract
nounUK /əˈdæptəbəl ˈkɒntrækt/
US /əˈdæptəbəl ˈkɑːntrækt/
A contract that can change when things change.
The team signed an adaptablecontract so they could adjust the schedule later.
RELATED WORDS
OTHER MEANINGS
2. A legal agreement with built-in options to revise its terms.
The adaptablecontract let both sides renegotiate the price each year.
3. A work arrangement that shifts with project needs.
Freelancers often prefer an adaptablecontract over a fixed one.
4. A deal designed to handle changing conditions without starting over.
Because of the adaptablecontract, the company survived the sudden market shift.