Oxford Dictionary English let-out noun noun BrE BrE//ˈlet aʊt// ; NAmE NAmE//ˈlet aʊt// [singular] (British English) Add to my wordlistjump to other resultsan event or a statement that allows somebody to avoid having to do something Good—we have a let-out now. a let-out clause (= in a contract) Oxford Collocations DictionaryLet-out is used before these nouns: clause See full entryCheck pronunciation: let-out oxfordlearnersdictionaries.com