Contracts

Contracts

Contracts of all sorts.

Industry: Law; Real estate

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Contracts

Exclusion clause

Law; Contracts

Provision in a contract under which one party's liability (that would arise by implication of law) is excused in the listed conditions, circumstances, or situations (called exclusions). See also ...

Mathematical formula used in estimating the value of a variable (such as the cost of material consumed) according to its relationship with other variables (such as the number of hours worked or the ...

Exclusive agreement

Law; Contracts

A type of agreement whereby a person is made to be the sole agent for selling a particular product or service within a specific market or demographic area.

Evergreen contract

Law; Contracts

Agreement between two parties that is automatically renewed (rolled over) after each completion- or maturity period, until cancelled by the either party.

Exception clause

Law; Contracts

Provision in an agreement, ruling, or statute, that grants which is otherwise not granted, or prevents which is otherwise not prevented.

Estimating system

Law; Contracts

Policies, procedures, practices, and historical data employed in generating cost estimates.

Dispute resolution agreement

Law; Contracts

Legal agreement between two parties that lays out the method and timetable for solving conflict between them, such as between employers and employees, partners, stockholders (shareholders).