Home > Industry/Domain > Law

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.

10Categories 58465Terms

Add a new term

Contributors in Law

Become a Contributors

Law > Contracts

exclusive agency agreement

Law; Contracts

Restrictive agreement (involving a good, service, market, or territory) that binds a principal and an agent in an association under which neither can make any similar deals with ...

exclusion clause

Law; Contracts

Provision in a contract under which one party's liability (that would arise by implication of law) is excused in the listed conditions, circumstances, or situations (called ...

exclusion

Law; Contracts

1. Specific condition, circumstance, or situation usually listed in a contract as being not covered. All contracts (including insurance policies and construction contracts) ...

exception clause

Law; Contracts

Provision in an agreement, ruling, or statute, that grants which is otherwise not granted, or prevents which is otherwise not prevented.

estimating technique

Law; Contracts

This is an alternative term for estimating methodology.

evergreen contract

Law; Contracts

Agreement between two parties that is automatically renewed (rolled over) after each completion- or maturity period, until canceled by the either party.

estimating relationship

Law; Contracts

Mathematical formula used in estimating the value of a variable (such as the cost of material consumed) according to its relationship with other variables (such as the number of ...