Model Contract Financial Glossary

What is it? For implementing indirect actions, the Commission concludes contracts with all participants of a project. These contracts are based on a standard model - the model contract - that is applicable to all instruments of FP6.

Finance Term Definition Added By: Faith

The Model Contract definition has been viewed 3493 Time(s)!

Send To Friends!

If you'd like to send the Model Contract definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -

We hope you now understand the meaning of Model Contract. If you need any more information on this term, please don't hesitate to contact us.

Other Similar Finance Terms:

Financial Term Cost of Capital is The rate that must be earned by the company to satisfy all the firms providers of capital. It is based on the opportunity cost of funds.

Financial Term Resource equalisation is This was a process introduced by central government in 2003/2004 as part of the grant review which aims to bring the average assumed level of council tax which authorities need to charge broadly in line with actual council tax levels.

Financial Term Deferment (of loan) is A condition during which payments of principal are not required, and, for Federal Perkins and subsidized Federal Stafford and Direct Subsidized Loans, interest does not accrue. The repayment period is extended by the length of the deferment period.

Financial Term Retail Price Index is Measurement of the rate at which prices are rising i.e. inflation, calculated monthly by taking a sample of typical household goods and services.

Financial Term Funds Availability is The dollar amount or time period represented by checks that have been deposited but have not cleared.