What is the meaning of Basket?

Generally an amount either above or below which claims may not be made for breaches of an agreement. It is used so that either claims are capped or minor breaches do not lead to claims.

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APABarry Goldsmith. (2010). basket. Retrieved December 12, 2017, from http://smartdefine.org/basket/definitions/1148464
ChicagoBarry Goldsmith. 2010. "basket" http://smartdefine.org/basket/definitions/1148464 (accessed December 12, 2017).
HarvardBarry Goldsmith 2010, basket, Smart Define, viewed 12 December, 2017, <http://smartdefine.org/basket/definitions/1148464>.
MLABarry Goldsmith. "basket" 21 October 2010. Web. 12 December 2017. <http://smartdefine.org/basket/definitions/1148464>
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