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Couric clause

Couric clause
 n.— «The provision prompted an intensive lobbying effort from businesses, especially executives in the entertainment industry and Wall Street, who feared that competitive information about their star performers would be available for all to see—alongside the pay of the top officers, which already is disclosed. The section, dubbed the “Katie Couric clause” after the high-profile, highly paid network-TV anchor, likely would have resulted in the disclosure of her pay as well as that of others, such as top-earning Wall Street traders.» —“SEC may scrap ‘Couric’ rule on pay disclosure” by Kara Scannell Post-Gazette (Pittsburgh, Pennsylvania) July 20, 2006. (source: Double-Tongued Dictionary)

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