Sales Contract


 

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Sales Contract

Contract between a seller and buyer for the sale of goods, services, or both.



Sales Contract

Similar Matches

Retirement annuity contract (RAC)

Retirement annuity contract (RAC)

Prior to 30th June1988, people not in pensionable employment (employment where no pension scheme exists) or people who were self employed were able to qualify for tax relief for contributions made to a pension scheme known as a retirement annuity under sections 226 of the Income and Corporation Taxes Act 1970. Although RACs were replaced by personal pension plans from 1st July 1988 those already in force may continue to operate.


Contract note

Contract note

A confirming note, containing details of a stock exchange deal, which is sent by a broker to a client. The contract note shows you:the date and time of dealthe title of the securitythe number bought/soldthe price paid/receivedthe total value of the dealthe stamp duty (if a purchase of shares)the amount of commission charged by the brokerTraditionally, contract notes are posted. Some online brokers email them.


Contractual Claim

Contractual Claim

An amount that by legal agreement must be paid periodically to the buyer of a security; contractual claim may also specify the time at which the principal must be repaid and other details.


Contracting party

Contracting party

A country that has signed the GATT. The term Contracting Parties with both words capitalized means all Contracting Parties acting jointly.


Guaranteed insurance contract

Guaranteed insurance contract

A contract promising a stated nominal interest rate over some specific time period, usually several years.


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