reversional

Example:The company needs to carefully consider the reversional rights before making any permanent changes to its policies.

Definition:The rights that give a holder the ability to reverse or annul previously taken actions or decisions.

Example:The reversional charges will continue to apply until a new agreement is reached with the current client.

Definition:Charges that revert back to the original state or entity after a certain period or under certain conditions.

Example:The reversional clauses in the lease agreement allow the landlord to take back the property under specific conditions.

Definition:Clauses in contracts or agreements that specify conditions for reverting to a previous state or to default terms.