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Evergreen contract

noun phrase

A contract always written with a time extension: It was an ”evergreen” contract on which he’d always have two years to go automatically (1980s+ Sports)


Read Also:

  • Evergreen fund

    noun 1. a fund that provides capital for new companies and makes regular injections of capital to support their development

  • Evergreen-magnolia

    noun 1. a magnolia, Magnolia grandiflora, of the southern U.S., having evergreen foliage and large, fragrant, white flowers, grown as a shade and ornamental tree in the warmer parts of the U.S.: the state tree of Mississippi.

  • Evergreen-oak

    noun 1. any of several oaks, as the holm oak, having evergreen foliage.

  • Evergreen-park

    noun 1. a city in NE Illinois, near Chicago.

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