홈 > Term: average clause
average clause
Eng. A clause that, in granting leases of minerals (coal, ironstone, and clay in particular), provides that lessees may, during every year of the term, make up any deficiency in the quantity of coal, etc., stipulated to be worked, so as to balance the dead or minimum rent.
- 품사: noun
- 분야/도메인: 광업
- 카테고리: 일반 광산; Mineral mining
- Government Agency: USBM
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- ed.young
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(Milwaukee, United States)