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: 471-480 of 2051 results
  • Copyright

    1. A form of protection provided by U.S. law to the authors of "original works of authorship" fixed in any tangible medium of expression. (USPTO 2021) 2. The exclusive right given by law for a certain term of years to an author, composer, designer, etc. (or their assignee), to print, publish, and sell copies of their original work. (OED Online) 3. CANADA An exclusive statutory right of authors, publishers, and composers to control the publication/dispositions of their works of art, literature, music, film, pictures, etc. that are protected by the Copyright Act of Canada. (Canada, SACC 2015)
  • Core Competency

    A defining capability that distinguishes a person, entity, or supplier from others.
  • Corporate Bond

    A bond issued by a business and sold to investors as a type of debt security that is backed by the financial security of a business.
  • Corporate Charter

    A written document by the founders of a business detailing the business' major components (e.g., structure, objectives, planned operations). In the U.S. a corporate charter is filed with the secretary of state; in Canada it is filed with the registrar.
  • Corporate Culture

    The behaviors and beliefs held by a business that influence how its management and employees interact with each other and its customers.
  • Corporate Officer

    Person within a corporation appointed to a senior position (e.g., president, treasurer, board chairperson).
  • Corporation

    A registered company or group of people that is distinct and separate from the owners of a business and recognized by law as having the authority to enter into contracts, pay debts, borrow money, etc., on behalf of the business.
  • Correction (Prison) Industries

    An organization established to sell/market products manufactured, fabricated, or assembled by incarcerated persons in penal systems operated by a public entity.
  • Cost

    The actual expenses incurred in delivering a product, service, or construction; includes both direct and indirect costs, but does not include fee or profit for the supplier.
  • Cost (Pricing) Data

    Factual information about the actual or estimated costs of labor, materials, overhead, and other cost elements that are expected to be incurred in performance of a contract.
Advertisement
Advertisement

SUGGESTIONS FOR THE DICTIONARY

 

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