Home > Terms > English, UK (UE) > Retainage

Retainage

Portion of a contract's final payment withheld by a principal (client or owner) until the project is complete in all respects, functioning satisfactorily according to the contract terms, and all mechanic's liens have either been released or have expired.

This is auto-generated content. You can help to improve it.
0
  • Part of Speech: noun
  • Synonym(s):
  • Blossary:
  • Industry/Domain: Law
  • Category: Contracts
  • Company:
  • Product:
  • Acronym-Abbreviation:
Collect to Blossary

Member comments

You have to log in to post to discussions.

Terms in the News

Featured Terms

Harry8L
  • 0

    Terms

  • 0

    Blossaries

  • 1

    Followers

Industry/Domain: Games Category: Computer games

Diablo III

Diablo III is the third instalment in the Diablo franchise that pioneered the internet gaming experience some 16 years ago with its visually advanced ...

Contributor

Featured blossaries

TechTerms

Category: Technology   3 1 Terms

Yamaha Digital Piano

Category: Entertainment   1 5 Terms

Browers Terms By Category