Index-linked adjustment

Index-linked adjustment

A mechanism used in commercial transactions and rental agreements to adjust contract conditions in response to external monetary influences such as inflation or currency depreciation resulting in the modification of payments, tax treatment, or profit sharing. Adjustments are linked to indices such as the consumer price index.

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Part of Speech: noun
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Industry/Domain: Law
Category: Contracts
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Related terms

index-linked adjustment

Law; Contracts

A mechanism used in commercial transactions and rental agreements to adjust contract conditions in response to external monetary influences such as inflation or currency ...

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A change made to an insurance claim or medical bill.

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Techniques for producing correct equivalents and achieving dynamic equivalence in translation.

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Contract, same meaning of agreement, a commercial contract this is a commercial agreement

contract

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A lawful agreement between two or more parties, usually written is called as contract.Contract was made between both parties in written form.

act no.

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A product, such as a statute, decree, or enactment, resulting from a decision by a legislative or judicial body

coll.

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collected, coll., follows the number of an act, eg. Act No 111 Coll.

commercial register

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a document that compulsorily registers individuals and legal entities (companies) engaging in commercial activities

as amended

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a legislative measure altered formally by adding, deleting, or rephrasing

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