Contracts

Contracts

Contracts of all sorts.

Industry: Law; Real estate

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Contracts

Gift-leaseback

Law; Contracts

Arrangement in which the ownership of property or assets are transferred to a beneficiary or trust. When the ownership has been given to the designated party, the original owner then leases the ...

Contract conditions, usually included in the book of specifications (or in the accompanying architectural drawings) of a contract, that set the minimum performance requirements for the contractor. ...

General contract provisions

Law; Contracts

Requirements covering standard terms in most purchasing contracts, such as delivery and payment terms, breach-of-contract and prescribed remedies.

General contractor

Law; Contracts

Firm that performs a contract all by itself, or through the use of subcontractors whose activities it supervises and coordinates.

General specification

Law; Contracts

Specification that covers requirements for two or more classes, grades, materials, services, styles, or types of goods or services.

General contract

Law; Contracts

Construction contract in which one prime contractor is responsible for the entire project.

Floating-rate contract

Law; Contracts

Bank or insurance company issued pension plan which the owner purchases in a lump sum payment. Floating-rate contract principal amounts are guaranteed by the issuing bank or insurance company, and ...