onerous contract
C1CEFR level
65/100Rarity: rare
TechnicalRegister
A contract whose unavoidable costs of meeting its obligations exceed the economic benefits expected to flow from it.
Once freight rates collapsed, the shipping commitment turned onerous and we booked a provision for the full expected loss.
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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