wurgcontract
Dutch edit
Etymology edit
Compound of wurgen (“to strangle”) + contract (“contract”). Compare German Knebelvertrag (literally “gagging contract”).
Pronunciation edit
Noun edit
wurgcontract n (plural wurgcontracten)
- A contract that is very exploitative to at least one party and that is difficult or costly to terminate.
- 1978 February 23, “Lek in wet geeft scharrelaars kans in privéleningen”, in NRC Handelsblad, volume 8, number 122, page 13:
- Er zijn gewetenloze lieden bij die met allerlei vormen van misleiding klanten lokken en die werken met wurgcontracten waardoor leners steeds dieper in de put kunnen raken.
- There are folks without a conscience among them, who lure customers with all kinds of deception and who use abjectly exploitative contracts through which borrowers can get further and further into trouble.