Contracts

Contracts

Contracts of all sorts.

Industry: Law; Real estate

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Contracts

financial obligation

Law; Contracts

An obligation to pay money to another party. The obligation may arise from borrowing funds or from a legal action. also called liability.

filing deadline

Law; Contracts

The date paperwork must be completed and filed. The most common use of the term applies to the date when tax returns must be filed with the IRS.

financial guarantee

Law; Contracts

Non-cancelable indemnity bond that guarantees timely payment of interest and repayment of principal to the buyers (holders) of a debt security. Similar to under a standby letter of credit, the ...

field report

Law; Contracts

Formal report compiled and communicated by field engineers or other onsite personnel for off-site personnel.

field order

Law; Contracts

Written instructions for making a minor change in a contract not involving an adjustment to the contract amount or any change in the its completion time.

An analysis and evaluation of a proposed project to determine if it (1) is technically feasible, (2) is feasible within the estimated cost, and (3) will be profitable. Feasibility studies are almost ...