Banking & Finance

servitization

The transformational processes whereby a company shifts from a product-centric to a service-centric business model and logic, thus implying not only a [...]

servitization2024-09-11T14:13:37+02:00

provision

Any condition or stipulation of things to be done or not be done within a contract, it possibly corresponding with a clause, spanning several clauses [...]

provision2024-09-11T14:26:36+02:00

clause

A self-contained concept within a written contract that can be read and acted on its own, it possibly having a number of subclauses or referencing oth [...]

clause2024-09-11T14:26:37+02:00

undertaking

[...]

undertaking2024-09-11T14:26:38+02:00

covenant

A promise in an agreement to do certain things or to refrain from doing other things. [...]

covenant2024-09-11T14:26:38+02:00

representation

A statement of alleged fact made prior to the execution of the agreement that induces a party to enter into the agreement. [...]

representation2024-09-11T14:26:39+02:00
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