الصفحة الرئيسية > Term: grandfather clause
grandfather clause
A provision included in a new rule or regulation that exempts a business that is already conducting business in the area addressed by the regulation from penalty or restriction.
- قسم من أقسام الكلام: noun
- المجال / النطاق: خدمات مالية
- الفئة: مالية عامة
- Company: Bloomberg
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- Jessehe
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