1. In Contracting, this is a pre-qualifying of respondents for stated services, based on stated resources and experience. Done before sending out requests for proposals (RFPs). Contractors or vendors provide a written

An allottee-stockholder-shareholder issues this written notification, renouncing or transferring new-issue allotted securities or rights to an issue to other stockholder(s).

Refuseal to comply with a stated contract requirement is documented in this written confirmation. Clearly states why and must suggest alternatives for resolution. A subcontractor or vendor not willing to disclose proprietary

The settlor or trustor establishing a trust gives written, non-binding instructions or guidance of the trustee. The settlor must avoid any impression that the settlor is trying to make the trustee a

May be written prior to death or issued by the probate court. Grants an estate executor permission to do what is needed to distribute stated assets.

A bank or insurance company promises by this written confirmation to act as a 3rd-party on behalf of the first party in a transaction or contract. This 3rd-party covers loss or damage

Formal acceptance of a position or award by the successful candidate using written communication. Details of a position including salary, perquisites, starting date, location of the reporting office, and the name of

Defined by American National Standards Institute (ANSI) as 8

Entity assignment as estate administrator or executor by this court -issued document. Necessary if no will (intestate) for the deceased’s estate. Refer to Letters of Administration.

1. Time-bound, fixed charge or fee. 2. To eliminate bottlenecks and minimize work-in-process inventory, different production rates balanced by an output rate.

Universal life insurance option paying the policy’s face value or a specified accumulation value percentage upon the insured’s death.

Buyer interest for a specific product in a specific purchase decision as a degree of intensity.

Coordination, follow up, liaison work does not result in a definitive end product or outcome; work of a general or supportive nature.

Raised letters or images pick up ink from a roller and transfer it to the paper. It is a relief-printing process used first by Gutenberg in 1455. Oldest method of commercial printing.

Despite a hypothesis actually being true, the likelihood of data and hypothesis rejection by a statistical test.

A premium that doesn’t change despite any increase in risk.

All competitors follow the same rules to get equal opportunity to compete regardless of size or financial strength. Economic and legal environment.

Buyer-seller arrangement seeking to eliminate huge demand swings due to seasonal factors. In exchange for a discount or guaranteed delivery, the buyer agrees to buy a definite amount of a good or

Authorized or directed inventory quantity, to meet anticipated consumption or demand, stated for a stores or materials department.

Distance between printed text characters. This spacing is adjustable to increase or decrease the average distance between letters. Can be applied to a block of text or paragraph. ‘Proportional letter spacing,’ adjusts