Words / C / Business

comply-or-explain

adjective

C2CEFR level
88/100Rarity: very rare
TechnicalRegister

Describing a regime that lets firms depart from a code provided they publicly justify the deviation.

Under the comply-or-explain regime we can skip the provision, but the disclosure had better be convincing.

Topic: Corporate governance in Business English

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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More business words: Corporate governance