An escape clause is a legal term that refers to a provision in a contract that allows one or both parties to terminate the agreement without any liability. A LOOPHOLE, which is an 8-letter word, is a flaw in a system or a law that can be used to one's advantage. OUT, which is a 3-letter word, is a verb that means to leave a place or situation. Fineprint, which is a 9-letter word, is a term used to describe the small print in a contract or agreement that often contains important details that are easily overlooked.