Business / Finance / Optimal Contract: The contract that balances the three types of agency costs (contracting, monitoring, and misbehavior) against one another to minimize the total cost.
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Contract Verb Synonyms: catch, acquire, get, come down with, develop, become infected with, go down with
Contract Adjective Synonyms: agreement, understanding, deal, bargain, arrangement, pact, commitment, obligation, compact
Contract Noun Synonyms: engage, agree, promise, covenant, undertake
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Business / Finance / Open Contracts: Contracts that have been bought or sold without completion of the transaction by subsequent sale or purchase, or by making or taking actual delivery of the financial instrument or physical commodity. MORE
Business / Accounting / Optimal Asset Utilization (OAU): A supply-chain metric to gauge the right speed for asset turnover. Operational Asset Utilization (OAU) is identical to asset utilization, except that it excludes demand related losses. Demand related MORE
Business / Human Resources (HR) / Office Of Federal Contract Compliance (OFCCP): Division of the Employment Standards Administration in the Department of Labor responsible for enforcing three statutes for federal contractors and subcontractors: Executive Order No. 11246, the Rehab MORE
Business / Real Estate / No Capacity To Contract: The inability of a person to enter into a valid contract under any circumstances. Such inability can arise when a person has been adjudicated insane or is an officer of a corporation who is not author MORE
Business / Finance / Nexus (Of Contracts): A set or collection of something. MORE
Business / Finance / Optimal Contract: The contract that balances the three types of agency costs (contracting, monitoring, and misbehavior) against one another to minimize the total cost. MORE