{"@context":"https://schema.org","@type":"DefinedTerm","identifier":"governance.penalty-clause","name":"Penalty clause","alternateName":["contractual penalty"],"description":"A clause imposing a disproportionate consequence for breach and potentially unenforceable under some laws.","disambiguatingDescription":"Here “Penalty clause” means: A clause imposing a disproportionate consequence for breach and potentially unenforceable under some laws.","url":"https://pitch.dog/startupwords/terms/penalty-clause/","inDefinedTermSet":"https://pitch.dog/startupwords/","edition_status":"research-preview","family_version":"0.18.0","machine_readable_notice":"Definitions are educational reference material. Context, jurisdiction and professional practice may change the correct interpretation."}