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Law
Of or pertaining to the system of rules which a particular country or community recognizes as regulating the actions of its members and which it may enforce by the imposition of penalties.
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Law > Contracts
employment contract
Law; Contracts
Voluntary, deliberate, and legally enforceable (binding) agreement between an employer and an employee. Employment contracts can cover a variety of procedures and/or policies that ...
either/or facility
Law; Contracts
Agreement which allows a customer to borrow money or Eurodollars from the bank's head office or from a foreign branch.
economic price adjustment
Law; Contracts
Provision in a contract document for upward or downward revision of specified prices, if and when certain conditions (such as inflation or deflation) occur.
economic paradigm
Law; Contracts
Informal rules created due to transactions between sellers and buyers. The transaction rules are commonplace and assumed by both buyers and sellers, which is why they are referred ...
earned value cost control
Law; Contracts
Progress-to-date of a project expressed in monetary terms, in order to compare the actual cost with the budgeted cost. It is usually computed by applying a performance-measure ...
earned value management
Law; Contracts
Technique that links resource planning to cost and schedule requirements. All work is budgeted and scheduled in time-phased increments incorporating a baseline for cost and ...
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