shared savings



Type of contract of sale under which a vendor installs an item (equipment, machine, or system) at a customer's premises free of charge, but shares the subsequent savings realized as compared with the period before the item was installed. The title to the item usually remains with the vendor until its price is fully recovered from the savings.

Related Videos

Have a question about shared savings? Ask for help in the
advertise here

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z