保护性条款 meaning in English
protective clauses
Examples
- In this paper , we conclude that designing a investment contract is essential to prevent and control moral hazard according to the modern contract theory , and the design mainly contain the design of contract mechanisms and the design of guaranteed item
富于弹性和灵活的契约机制是投资契约设计的主要内容，对道德风险的发生起到了积极的防范和控制作用，而投资契约保护性条款的设计则对道德风险的发生起到了法律上的震慑作用，并可弥补风险投资家因道德风险的损失。