9 Terms
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Contracts
Contracts of all sorts.
Industry: Law; Real estate
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Contracts
Quantity survey
Law; Contracts
Mathematical process used in estimating cost of a new building construction, improvement, or reproduction.
Realisation factor
Law; Contracts
Ratio of actual performance time to standard time, expressed as a decimal fraction.
Quantitative requirements
Law; Contracts
Specifications or objectives which are definable in terms of specific numerical values.
Gentlemen's agreement
Law; Contracts
Informal, oral understanding resting on the sense of personal honour of the involved parties. Generally, such agreements are not enforceable through courts.
Gift with reservation
Law; Contracts
Condition attached to a gift or transfer of asset that benefits the original owner in some way. Commonly used to transfer ownership of property or other assets to an intended beneficiary prior to the ...
Global pricing contract
Law; Contracts
Contract stipulating a supplier must charge the same price to customers around the world for the delivery of parts and services. In an increasingly global market, this practise is gaining in ...
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