BusinessDictionary.com
BusinessDictionary.com
Agreements & Contracts Terms and Definitions
able
about
absolute assignment
abusive draw
acceptance
accord and satisfaction
accrual of obligation
accurate
acquiescence
act of law
action ex contractu
action ex delicto
actual authority
actual cost of work performed (ACWP)
actual cost of work performed contract
ad referendum
add-on clause
addendum
additional services
additive alternate bid
adequate competition
adequate consideration
adhesion contract
administrative change
advance commitment
advance payment bond
advance payment guarantee
advisory and assistance services
affirmation of contract
affreightment
agency by estoppel
agency problem
agent
agent ad litem
agreement
aleatory contract
allonge
alteration
alternative contract
ambiguous
ancillary guaranty
anticipatory avoidance
anticipatory breach
apparent authority
apparent low bidder
applicable convention
application for payment
appointment
approved bidders list
approved brand or equivalent specification
approved brand specification
approved change
approved-brands specification
arbitration
arbitration clause
arbitrator
architect
architect-engineer
architectural design
architectural drawing
architecture
arm's length price
article
as is
as-built drawings
assign
assignee
assignment
assignor
attorney in fact
authorized person
authorized unpriced work (AUW)
authorized work
automatic renewal clause
avoidance of contract
award
award of contract
award-term contract
awarding authority
back letter
back to back
back to back credit
backup data
bailee
bailment
bailment contract
bailor
balance to complete (BDC)
balancing payment
bank guaranty
bargaining chip
Basel Convention
baseline
baseline budget
basic ordering agreement
basket clause
best and final offer (BAFO)
best efforts
best endeavors
bid
bid and proposal (B&D) costs
bid bond
bid date
bid depository
bid division
bid division description
bid documents
bid evaluation
bid form
bid opening
bid package
bid price
bid requirements
bid rigging
bid sample
bid shopping
bid solicitation
bid threshold
bidder
bidding documents
bidding period
bidding requirements
bilateral
bilateral advance pricing arrangement (BAPA)
bilateral contract
bilateral discharge
bilateral mistake
bilateral modification
bilateral rights
bill of activities (BOA)
bill of labor
bill of materials (BOM)
bill of quantities (BOQ)
billing lag
bind
binder
blanket advertising contract
bona fides
bond
bond action
bond anticipation note (BAN)
bond of indemnity
bonded
bonded exchange
bonus-penalty clause
bottomry bond
brand name specification
breach of contract
breach of covenant
breach of warranty
break-even lease payment
budgeted cost of work performed (BCWP)
budgeted cost of work scheduled (BCWS)
build, lease, transfer (BLT)
build, own, operate, transfer (BOOT)
build-operate-transfer contract
buildability
building
bundling
buy-in
buy-in payment
buy-out payment
buying in
cancellable contract
cancellation ceiling
cancellation charge
cancellation clause
cardholder agreement
carveout
caveat subscriptor
certain contract
certainty of terms
certificate for payment
certificate of competency
certificate of completion
certificate of substantial completion
change fee
change of scope
change order
change order proposal
change order request
changed conditions
choice of law clause
claims
clause
click-wrap agreement
closed bidding
closed competitive bidding
closed contract
co-applicant
co-maker
co-sign
coercion
cognovit clause
collar
collateral contract
collateral contract doctrine
collective agreement
collusive bidding
commercial agent
commercial frustration
commercial item
commercial off the shelf (COTS)
commercially acceptable
commitment letter
competent party
competitive bidding
competitive negotiation
competitive proposals
competitive quotations
competitive range
competitive specifications
competitive tender
completed contract method
completed task
completion
completion guarantee
completion risk
completion test
completion undertaking
component
concealment
conceptual cost
condition
condition in deed
condition in law
condition precedent
condition subsequent
conditional acceptance
conditional contract
conditional endorsement
conditional offer
conditional payment
conditions concurrent
conditions of contract
conditions of satisfaction
conditions, covenants, and restrictions (CC&R)
conformance
consideration
conspicuous
constructability
constructability barriers
construction contract
construction cost
construction document phase
construction documents
construction industry
construction inspector
construction lender
construction loan
construction management
construction management contract
construction material
construction phase
construction risk
construction, alteration, repair (CAR)
constructive change
contestable period
continued portion of contract
contract
contract action
contract addendum
contract administration
contract audit
contract authority
contract award
contract bond
contract budget baseline
contract categories
contract ceiling
contract change authorization (CCA)
contract change notification (CCN)
contract change proposal (CCP)
contract closeout
contract closeout costs
contract cost analysis
contract date
contract documents
contract financing payments
contract guarantee
contract law
contract line item
contract logistics
contract maintenance
contract management
contract modification
contract of bailment
contract of employment
contract of indemnity
contract of sale
contract of service
contract over-run
contract owner
contract payment bond
contract performance bond
contract period
contract price
contract price analysis
contract price baseline
contract procedures
contract receipts
contract requirements
contract revenues
contract risk
contract settlement
contract sum
contract target cost (CTC)
contract termination
contract theory
contract time
contract to purchase
contract under-run
contract value
contractability
contractee
contracting party
contractor
contractor acquired property
contractor furnished property
contractor's all risks insurance
contractor's option
contractor-owned, contractor-operated (CO-CO)
Contracts for International Sale of Goods (CISG)
contractual capacity
contractual instrument
contractual liability
contractual relationship
contractual services
convenience termination clause
cooling-off rule
cost estimate
cost of poor quality
cost of quality
cost of work
cost overrun
cost plus award fee (CPAF) contract
cost plus contract
cost plus fixed fee (CPFF) contract
cost plus incentive fee (CPIF) contract
cost proposal
cost realism
cost realism analysis
cost reimbursement
cost reimbursement contract
cost sharing contract
cost substantiation
cost underrun
cost validation
cost verification
coterminus
could cost
counter guarantee
counter indemnity
course of performance
covenant not to sue
crashing
cross-collateral clause
cross-offer
cutoff date
cutoff point
daily construction report
damage limitation clause
data package
date of agreement
date of commencement of the work
date of substantial completion
day
default
default probability
default probability plan
default risk
defeasible title
defective contract
defective performance
deficiency
deficiency agreement
deficiency letter
deficiency performance
definite quantity contract
definite term contract
definitization
definitized item
delay
delay allowance
delegable duty
delegation
delegatus non potest delegare
deliverable
delivered price
delivery order contract
delivery terms
delivery timeliness
demand guarantee
demise charter
deobligation
derivative contract
design basis
design brief
design development phase
design, bid, build
design-build (D-B) contract
design-build-operate-maintain contract
developmental license
deviation
deviation criteria
deviation permit
dictum meum pactum
disaffirmance
discharge of contract
discrepancy
dispute resolution agreement
disruption
divisible contract
doctrine of scrivener's error
donee beneficiary
down selection
draft request for proposals
drop dead
dual contract
duties of agent and principal
duty
e-tendering
earned value cost control
earned value management
economic paradigm
economic price adjustment
either/or facility
employment contract
enabling clause
end item
end product
engineering change
entitlement offer
entity purchase agreement
escalation clause
escape clause
essence of contract
estimated cost at completion
estimating
estimating rationale
estimating relationship
estimating system
evergreen contract
exception clause
exclusion
exclusion clause
exclusive agency agreement
exclusive agreement
exclusive dealership agreement
exclusive distribution
exclusive license
exclusive listing
exclusive right to sell listing
exculpatory clause
executed agreement
executed consideration
executed contract
executory consideration
executory contract
executory cost
exemption clause
exhibit
explicit contract
explicit cost
express authority
express contract
express warranty
extended warranty
extension clause
failed trade
failure of consideration
fair trade
fast tracking
feasibility analysis
feasibility phase
feasibility study
fee
field order
field report
filing deadline
financial guarantee
financial obligation
firm bid
firm commitment
firm fixed price contract
firm offer
firm order
firm price contract
firm quotation
fixed price contract
fixed price contract with economic price adjustment
fixed price contract with price escalation
fixed price incentive contract
fixed price redeterminable contract
floating-rate contract
follow on
force account work
force majeure
forfeiture of bond
formal bid
formal contract
forward pricing
forward supply contract
franchise agreement
fraudulent concealment
freedom of contract
freelance
friendly loan
front end specifications
frustration
frustration of contract
full service contractor
future performance
general conditions
general contract
general contract provisions
general contractor
general specification
gentlemen's agreement
gift with reservation
gift-leaseback
global pricing contract
good faith
good faith efforts
grace period
grandfather clause
ground rent arrangement
guarantee
guaranteed maximum price (GMP)
guarantor
guaranty
Habendum Clause
hardship clause
hell or high water
hell or high water clause
hereunder