collateral warranty
C2CEFR level
88/100Rarity: very rare
TechnicalRegister
A secondary contract giving a third party a direct right to enforce duties owed under the main contract.
The funder took a collateral warranty from the contractor so it could sue directly for defective work.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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