Contract Performance

Reasonable Time
The term 'reasonable time' refers to a subjective standard based on the facts and circumstances within a particular case, with applicability in a variety of legal contexts, especially in commercial law.
Tender Bond
A guarantee provided by a company ensuring that it will not withdraw from a contract after submitting a bid.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.