Business Terms and Jargon Explained

What is Addendum

An addendum is an alteration to an existing contract. After signing a binding legal contract, parties make an addendum to alter the terms of the contract either clarifies a portion of the original document or make a change or addition to the original contract term.

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Repo Abscond Goods
Consensus VLO Commodity Code
Kaffirs Budget account Counterparty
Litigation Lucas critique Holding Companies
KBPS Net Realizable Value Letter of request
Gross AVC Indicia
Financial equity Board of Directors Quartile
Direct Representative Sugar Tax Bandwidth
Bridge loan - (bridging loan) Kroon Intermediate goods
Option to Tax Retained earnings Annulment
NGO Market Based Pricing CSS
Bolivar High Credit Nemo dat quod non habet
Executor-dative Ex gratia Joint Application

Term created / updated 2019-10-17 20:48:12

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