rolling contract

noun

  • Contract Law
  • Consumer Protection Law

Definitions of rolling contract

  • a contract for a specific period of time (eg one month or one year) that continues for further periods of time until one party decides to end it. You must normally give the other party notice before a specific date if you want to end a rolling contract.

    The mobile phones were sold with subscription bundles, often tying consumers into rolling contracts.

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Phrase Bank for rolling contract