A government contract’s standard clause giving government the right to terminate a contract at any time without giving a reason for doing so.

Cost incurred by unilateral termination of a contract by either party.

Special and general arrangement, rule, requirements, standards etc. Forming integral parts of a contract or agreement.

Conditions and arrangements of an employment contract. Also known as terms and conditions of employment.

Agreed upon conditions between shipper and carrier in regard to type and payment for freight.

Payment conditions between buyer and seller. Terms are cash, open account, secured account.

Statement showing background, objectives, purpose of a project, proposal or program.

Terms of delivery and payment agreed between the buyer and the seller.

Quantity of imports a country can buy from proceeds of selling services and goods of a set quantity.

Approach using mint disciplines to get the maximum benefit economically from physical assets.

State right to exercise powers in the boundaries of its territory.

Ranked in third position of importance. See second art, primary, service industry.

the person to receive a beneficiary if the first 2 beneficiaries are deceased.

Advanced waste water cleaning where suspended solids and nutrients are removed.

Retailer and business in the UK, now online and founded in 1919 and is currently one of the world’s largest retailers.

Standard or benchmark where test procedures are compared to.

Extent of a test duplicating conditions or performance of a task. Close match equals high fidelity.

Stage in product development where a product and plan for marketing are exposed to a small population group to see the reaction before a full scale product launch.

Minimum age and metal capacity of the maker of the will.

Document or will creating, extinguishing or transferring interest in or the right to an asset or property. Also known as a testamentary document