{"iri":"https://folio.openlegalstandard.org/RBvXrgFYSglMKygVTVf1RMo","label":"Prevailing Market Rate Clause","sub_class_of":["https://folio.openlegalstandard.org/RDe0RKU39BlhcyACJW30ZLc"],"parent_class_of":[],"is_defined_by":null,"see_also":[],"comment":null,"deprecated":false,"preferred_label":null,"alternative_labels":[],"translations":{"fr-fr":"Clause de taux de marché prévalent","es-es":"Cláusula de Tasa de Mercado Prevaleciente","es-mx":"Cláusula de Tasa de Mercado Prevaleciente","pt-br":"Cláusula de taxa de mercado prevalecente","de-de":"Klausel zur geltenden Marktrate","en-gb":"Prevailing Market Rate Clause","he-il":"סעיף שער השוק הקיים","hi-in":"प्रबल बाजार दर शर्त","ja-jp":"優勢市場レート条項","zh-cn":"盛行市场利率条款"},"hidden_label":null,"definition":"A Prevailing Market Rate Clause is a provision in a contract that sets the price or rate for goods or services based on the current market conditions at the time of performance.","examples":[],"notes":[],"history_note":null,"editorial_note":null,"in_scheme":null,"identifier":null,"description":null,"source":null,"country":null}