Home > Terms > English, UK (UE) > Performance clause/attrition clause

Performance clause/attrition clause

A performance clause is the percentage of flexibility from what's contracted to what's accepted, without any financial restitution. An attrition clause is the additional revenues to be charged if expectations are not met. Some hotels use only one or the other type of clause, while other hotels use both types of clauses.

This is auto-generated content. You can help to improve it.
0
Collect to Blossary

Member comments

You have to log in to post to discussions.

Terms in the News

Featured Terms

triangleink
  • 0

    Terms

  • 0

    Blossaries

  • 2

    Followers

Industry/Domain: Automotive Category: Automobile

Nissan Esflow

Nissan's latest battery-powered concept sports vehicle that is able to accelerate from to 60 mph in 4 seconds. Reminiscent of Nissan's iconic 370Z, ...

Contributor

Featured blossaries

Serbian Customs

Category: Culture   2 5 Terms

Russian Politicians

Category: Politics   1 20 Terms