grandfather clause



(a) grandfather clause

a clause in an agreement that protects certain rights granted in the past even when conditions change in the future. The contract contained a grandfather clause that protected my pension payments against claims such as might arise from a future lawsuit.
See also: grandfather

Common Names:

NameGenderPronouncedUsage
EllyEL-ee (English), EL-lee (Dutch)English, Dutch
Jeremy['dʒerimi]
Jim[dʒim]
KaĞAn-Turkish
Antonijo-Croatian
Sirvard-Armenian