Home > Term: Grandfather clause
Grandfather clause
A provision included in a new rule or regulation that exempts a business that is already conducting business in the area addressed by the regulation from penalty or restriction.
- ส่วนหนึ่งของคำพูด: noun
- อุตสาหกรรม/ขอบเขต: Financial services
- Category: General Finance
- Company: Bloomberg
0
ผู้สร้าง
- Harry8L
- 100% positive feedback
(London, United Kingdom)