Legal Question in Business Law in California

Re: Retails - Evergreen

"Evergreen" in the world of commerce and finance usually refers to an arrangement, often contractual, where someone holds out an offer or business opportunity on a continuous, rather than time-limited, basis. It may also refer to a lease or contract that is self-renewing. The term was commonly used in the leasing industry several decades ago. A careful search of Google and other search engines suggests that the term "evergreen" is nowadays rarely used in the retail pricing context and would not be widely understood to have a special meaning other than perhaps "base price" "list price" "rack rate" or other concepts suggesting the price that is available long-term.

Since search engines didn't provide me with any better definition for "evergreen," I assume it is either (1) jargon rather narrowly used in a small segment of commerce, or by a single manufacturer or wholesaler, or (2) used in its 1970-era meaning of long-term, renewable, you-can-almost-rely-on-it base terms, both as to pricing and other aspects of a contract. In other words, something that is "evergreen" is self-renewing or perennial.