CANADA A lease that transfers all
the substantial benefits and risks incident to
ownership of property to the lessee.
Capital Project Funds
Monies used to acquire
major assets with a useful life of more than
one year that may be financed by some form
of long-term debt.
A change that is beyond the
scope of the contract, and thus cannot be
ordered by the contracting officer under the
contract’s change clause.
To give plain meaning to contract
terms unless the entity or legislation has
assigned a special meaning to the term.
Goods conveyed in a vehicle, ship, train,
1. The minimum weight, as defined by law, of a
shipment entitled to a reduced freight rate.
2. The shipment amount that fills a freight car
3. A load that fills the maximum capacity of a
A company that transports goods or
people, usually over a fixed route and on a
fixed schedule. See also: Common Carrier.
A carrier’s claim on assets pending
collection of freight cost or other charges.
All costs associated with holding
goods in stock (e.g., direct and indirect
administrative costs, opportunity costs,
damage, obsolescence, insurance, taxes). See
also: Procurement Cost.
1. The act of carting or transporting, generally
used to identify the local delivery of goods
received from a carrier.
2. The cost of such transportation.