Glossary · People and paperwork
In short
A provision in a contract, like a lease, that allows either party to end the agreement before its scheduled end date under specific conditions. Understand its implications for your business.
In a long-term lease, an early termination clause could impact your business stability. While you generally want a stable lease, ensure you understand any conditions under which the landlord could terminate early, or if you have the flexibility to exit if the business needs to relocate. Review this with your attorney.
Defined by DealRoom.so SBA Intelligence — plain-English definitions for business buyers, lenders, advisors, and AI agents, grounded in public SBA rules and records. Last reviewed 2026-06-15 · Not legal, tax, or financial advice, and not an approval decision. Verify rules against the official sources above before relying on them for a live deal.
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