Denotes the imperative in contract clauses
or specifications. See also: May.
agreement for the provision of goods or
services that is commonly used by two or
more entities. The agreements are commonly
created to address economic and logistical
needs in an effective and efficient manner.
For example, when a municipal town
agreement allows multiple towns’ residents
access to an emergency medical services
(EMS) station that is shared across
organizations. See also: Intergovernmental
Software that is initially distributed at
no cost to end users, after which a fee may be
charge for continued use or support. See also:
1. An evasion and indirect misrepresentation
just short of actual fraud.
2. An unscrupulous practice that focuses on
short-term gains and ignores the long-term
implications for a business relationship.
The length of time that an item of
supply can be stored under specified
environmental conditions and continue to
remain suitable for its intended use.
Sherman Antitrust Act (U.S. Law)
The first antitrust law
passed in the U.S. in 1890 for the purpose of
promoting competitiveness and fairness and
to regulate interstate commerce. See also:
Price Fixing, Tying Arrangement, Clayton Act
(The Clayton Anti-Trust Act).
Shipper’s Load and Count
A shipper's notation
on a bill of lading confirming that the contents
of a container were counted and loaded by
The activities performed in preparation
of the outgoing shipment of products and
material, which may include packaging,
marking, weighing, and loading for shipment.
A memorandum that includes all
items shipped at one time on a given order.
Names of candidates that have been
narrowed considerably from a longer list of
top-ranked or top-scored offerors.