adjustablecontract
nounUK /əˈdʒʌstəbl ˈkɒntrækt/
US /əˈdʒʌstəbəl ˈkɑːntrækt/
A contract is a written promise between people, and an adjustable contract is one whose rules can be changed when needed.
The phone company offered an adjustable contract so we could change our data plan later.
RELATED WORDS
OTHER MEANINGS
2. A legal agreement whose payment amounts can go up or down over time.
Their adjustable contract raised the rent slightly each year.
3. A work deal where hours or duties can be changed by either side.
She signed an adjustable contract that let her switch to part-time work.
4. A subscription plan whose features can be altered without starting over.
The streaming service's adjustable contract lets you add channels anytime.