terminal rental adjustment clause
Defined in 1 place of the United States Code.
For purposes of this subsection, the term “terminal rental adjustment clause” means a provision of an agreement which permits or requires the rental price to be adjusted upward or downward by reference to the amount realized by the lessor under the agreement upon sale or other disposition of such property.
Source
- 1994–present26 U.S.C. § 7701Internal Revenue Code · Definitions · for purposes of this title