Words / L / Law

long-stop date

phrase

C2CEFR level
90/100Rarity: very rare
TechnicalRegister

A final deadline by which specified conditions must be satisfied, failing which the parties acquire a right to walk away from the transaction.

If the merger clearance is not obtained by the long-stop date, either party may terminate the agreement.

Topic: Contract collocations in Legal 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 law words: Contract collocations