Definition, Meaning & Synonyms
sunset-clause
noun
/ˈsʌnˌsɛt klɔːz/
Definition
A provision in a law or contract that sets an expiration date, causing the agreement, policy, or law to become void after a specific period unless extended or renewed.
Examples
- The lease agreement included a sunset clause, which meant it would automatically terminate after five years unless renegotiated.
- Many tax breaks and incentives have sunset clauses to ensure that they are periodically evaluated for effectiveness.
Meaning
A sunset-clause is designed to limit the lifetime of legislation or a contract, encouraging review and possible revision after a defined timeframe.
Synonyms
- expiration clause
- termination clause
- review provision
