Business / Construction / Penalty clause : A provision in a contract that provides for a reduction in the amount otherwise payable under a contract to a contractor as a penalty for failure to meet deadlines or for failure of the project to meet contract specifications.
Search Google for Penalty clause :
Penalty Adjective Synonyms: punishment, discipline, penance, sentence, forfeit, fine, handicap, price, mulct, amercement, imprisonment, incarceration
MORE
Science / Biology / Peroxisomes: Membrane-bound vesicles in eukaryotic cells that contain oxidative enzymes. MORE
Business / Finance / Perpendicular Spread: Option strategy involving the purchase of options with similar expiration dates and different exercise prices. MORE
Entertainment / Liquor / Pernod: A French made, anise flavored substitute for now illegal absinthe. 80 proof. MORE
Health / Dentistry / Permucosal Pin Implants: Endosseous dental implants, shafts of which are threaded or smooth, used in bipodial or tripodial configurations as an abutment. MORE
Business / Construction / Permit : A governmental municipal authorization to perform a building process as in: ZoningUse permit -Authorization to use a property for a specific use e.g. A garage, a single family residence etc. Demolitio MORE
Business / Agriculture / Permitted Acreage: The acreage on which a farm program participant is permitted to grow a program crop after satisfying acreage reduction requirements. For example, when a 10% acreage reduction program is in effect for MORE