| 单词 | break fee |
| 释义 | break fee break fee noun [C]
(Law )
1 (also break-up fee) especially in the US, an amount of money that a company must pay if it breaks an agreement to be sold to another company: A break fee of $60 million is payable if the company pulls out of the sale. The terms of the merger include a $62.5 million break fee, payable in certain circumstances.
2 (AmE) an amount of money that you must pay if you end a legal agreement before the agreed time: There is a break fee of several thousand dollars if the loan is repaid early. |
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