Dictionary of Procurement Terms

Dictionary of Procurement Terms

Welcome to the NIGP Online Dictionary of Procurement Terms, the comprehensive reference for public purchasing terms and concepts.

Search the Dictionary of Terms

Search Results: 101-110 of 2051 results
  • Approved Products List

    A list of products that have been evaluated and determined to be capable of satisfactory performance for a specific application. The list typically contains product or manufacturer numbers and their corresponding suppliers. Also known as Approved Brands List (ABL). See also: Acceptable Products List, Approved Brands List.
  • AQL

  • Arbitrary and Capricious

    Actions by whim or caprice, with irrational disregard of facts or circumstances. One of several legal standards of review that may be followed by an adjudicator.
  • Arbitration

    1. A process by which a dispute between parties is presented to one or more disinterested parties (arbitrators or neutrals) for a decision. The contending parties agree to accept this decision without further appeal. Also known as binding arbitration. 2. The resolution of a conflict between parties by a party removed from the dispute. 3. A form of Alternative Dispute Resolution.
  • Architect

    An individual, partnership, or corporation that performs professional architectural services for an entity as an independent contractor. A registered architect is an individual that is trained in the planning, design, and oversight of the construction of buildings. To practice architecture means to offer or render services in connection with the design and construction of a building, or group of buildings, and the space within the site surrounding the buildings that have as their principal purpose human occupancy or use.
  • Architecture and Engineering (A & E) Service

    Professional service within the scope of the practice of architecture and professional engineering, as defined by the jurisdiction, usually involving research, design, development, construction, alteration, or repair of real property.
  • As Is

    A contract term describing products offered without guarantee or warranty. All risk is assumed by the purchaser without recourse to the seller.
  • As To Form

    Documents and agreements that are approved by an attorney for legal sufficiency prior to their execution while not commenting on the business merits of their contents.
  • Asset

    Cash or anything the entity owns that could be liquidated into cash (e.g., property, equipment, debts to the entity).
  • Assignment

    Legal transfer of a claim, right, interest, or property.



Is there a term missing from our dictionary?


Does a more concise or relevant definition apply?


Submit your comments/suggestions to our editorial board at dictionary@nigp.org