|
|
Optimal contract |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Optimal contractThe contract that balances the three types of agency costs (contracting, monitoring, and misbehavior) against one another to minimize the total cost.Optimal contract Similar MatchesContract monthContract monthThe month in which futures contracts may be satisfied by making or accepting a delivery. Turnkey construction contractTurnkey construction contractA type of construction contract under which the construction firm is obligated to complete a project according to prespecified criteria for a price that is fixed at the time the contract is signed. Unilateral ContractUnilateral ContractA contract under which one party expressly makes a promise, the other party, although making no reciprocal promise, may be obligated by law or may have already given consideration. Contract for deedContract for deedA contract in which the seller agrees to defer all or part of the purchase price for a specified period of time. ContractionaryContractionaryTending to cause aggregate output (GDP) and/or the price level to fall. Term is typically applied to monetary policy (a decrease in the money supply or an increase in interest rates) and to fiscal policy (a decrease in government spending or a tax increase), but may also apply to other macroeconomic shocks. Contrasts expansionary. Further SuggestionsTake or pay contractLong term forward contracts Management contract Contracted out money purchase scheme Contract Land contract Guaranteed investment contract (GIC) Forward contract Subcontracting Contractual Claim Contract curve Currency futures contract Guaranteed insurance contract Open contracts Cost plus contract Nexus (of contracts) Options contract contract month Contractual Intermediary Installment Contract Conditional sales contracts Forward foreign exchange contract Oral contract Nondeliverable Forward Contracts (NDF) Cash settlement contracts |
|
|
|