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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 
price analysis
Law; Contracts
Evaluation of bid prices through (1) comparison of submitted bids or quotations, (2) comparison of current quotations with previous quotations for the same or similar items, (3) ...
price negotiation memorandum (PNM)
Law; Contracts
Document that records the points discussed and agreed to in arriving at a mutual understanding on prices of goods or services to be supplied. It serves to establish the ...
price protection
Law; Contracts
Agreement whereby a buyer and seller fix the price of specified goods for the duration of a contract or certain other period. In some agreements, price fluctuations (as indicated ...
priced bill of material
Law; Contracts
Price breakdown of the all components of an item, with their unit and total prices.
pricing arrangement
Law; Contracts
Basis on which a customer (client or principal) agrees to pay a contractor, such as a cost reimbursement arrangement or a fixed price arrangement.
pricing agreement
Law; Contracts
Document that describes how a contractor will formulate prices during the contract period, and what data or comparisons will be required or used.
primary obligation
Law; Contracts
Central obligation arising from the essential purpose of a contract or transaction, and from which other (secondary) obligations arise.
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