Contracts

Contracts

Contracts of all sorts.

Industry: Law; Real estate

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Contracts

Formal bid

Law; Contracts

Written bid, completed in conformance with a prescribed format, submitted in a sealed envelope to be opened on a specified date and time.

Forward supply contract

Law; Contracts

Contract for definite quantities of goods or services to be supplied over a fixed period in the future.

Forfeiture of bond

Law; Contracts

Encashment or enforcement of a guarantee by its beneficiary under the terms of a guarantee agreement.

Force account work

Law; Contracts

Contracted construction work paid-for on the basis of time taken and material consumed.

Follow on

Law; Contracts

Order or contract that calls for the repeat supply of goods or services, supplied under the original order or contract.

Failed trade

Law; Contracts

Transaction that does not settle on the contracted settlement date. This generally happens where the parties disagree on whether the delivered item meets the agreed upon specifications.

Exclusive licence

Law; Contracts

Licence limited to a specific scope or field, such as context, market, territory, or time. 'Exclusive' does not mean 'one and only' licence granted, but only that the licensor agrees not to grant ...