Successorship
noun
noun ·Rare ·Advanced level
Definitions
Noun
- 1 The state, condition, or status of being a successor. countable, uncountable
"The union may have won a successorship clause in its agreement. Such a clause states that the employer will not sell the plant unless the buyer agrees to honor the agreement. If this is the case, the union has some real leverage."
Example
More examples"The union may have won a successorship clause in its agreement. Such a clause states that the employer will not sell the plant unless the buyer agrees to honor the agreement. If this is the case, the union has some real leverage."
Etymology
From successor + -ship.