|Raw material supply agreement|
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Definition of Raw material supply agreement
Raw material supply agreement
As used in connection with project financing, an agreement to furnish a
A contract for privately placed debt.
An agreement signed by the original United Nations members in 1944 that
An agreement to invest cash in a project to the extent required to cover any cash
An understanding between a company and the host government that specifies the
An automatic system for revising the exchange rate. It involves establishing a par value around
agreement between two countries that taxes paid abroad can be offset against
An agreement to contribute equity to a project under certain specified
An alternative to a bond trust deed. Unlike the trustee, the fiscal agent acts as an
The amount of securities believed to be available for immediate purchase, that is, in the
agreement to borrow or lend at a specified future date at an interest rate
An agreement whereby one party, for an upfront premium, agrees to compensate the
Computer-based systems that plan backward from the production schedule
M1-A: Currency plus demand deposits
Demand deposits that pay interest.
A contract for privately placed debt.
Preferred stock agreement
A contract for preferred stock.
As used in connection with project financing, an agreement to purchase a specific
An agreement with a commitment by the seller (dealer) to buy a security back from
Revolving credit agreement
A legal commitment wherein a bank promises to lend a customer up to a
A revision to the Bretton Woods international monetary system which was signed at
Special drawing rights (SDR)
A form of international reserve assets, created by the IMF in 1967, whose
In a rights issue, agreement that the underwriter will purchase any stock not purchased by investors.
Contracts where the bidding firm in a takeover attempt agrees to limit its holdings
n event that influences production capacity and costs in an economy.
Tax clawback agreement
An agreement to contribute as equity to a project the value of all previously
An agreement to put a specified amount of product per period through a particular
An agreement to put a specified amount of raw material per period through a particular
New muni bond issues scheduled to come to market within the next 30 days.
The ability to establish automatic periodic mutual fund redemptions and have proceeds
Bill of materials
A listing of all the materials and quantities that go to make up a completed product.
Unprocessed goods bought for manufacture, part of inventory.
bill of materials
a document that contains information about
a readily identifiable part of a product; the cost of such a part
on Tariffs and Trade (GATT) a treaty
material price variance
total actual cost of material purchased
material quantity variance
(actual quantity X standard price) - (standard quantity allowed standard price);
material requisition form
a source document that indicates
material mix variance
(actual mix X actual quantity X standard price) - (standard mix X actual quantity X standardprice);
materials requirements planning (MRP)
a computerbased information system that simulates the ordering and
material yield variance
(standard mix X actual quantity X standard price) - (standard mix X standard quantity X standard price);
North American Free Trade Agreement (NAFTA)
an agreement among Canada, Mexico, and the United States establishing the North American Free Trade Zone, with a resulting reduction in trade barriers
the cooperative strategic planning,
Bill of materials
An itemization of the parts and subassemblies required to create a
Direct materials cost
The cost of all materials used in a cost object, such as finished goods.
Direct materials mix variance
The variance between the budgeted and actual mixes of
The proportional size of a financial misstatement. It can be construed as
Material requirements planning (MRP)
A computer-driven production methodology
Materials price variance
The difference between the actual and budgeted cost to
Materials quantity variance
The difference between the actual and budgeted quantities
Raw materials inventory
The total cost of all component parts currently in stock that
Total quantity of goods and services supplied.
Aggregate Supply Curve
Combinations of price level and income for which the labor market is in equilibrium. The short-run aggregate supply curve incorporates information and price/wage inflexibilities in the labor market, whereas the long-run aggregate supply curve does not.
A situation in which supply exceeds demand.
Real Money Supply
Money supply expressed in base-year dollars, calculated by dividing the money supply by a price index.
An amount made available for sale, always associated with a given price.
View that incentives to work, save, and invest play an important role in determining economic activity by affecting the supply side of the economy.
An agreement between countries whereby an employee only has to pay Social Security taxes to the country in which he or she is working
A characterization of the magnitude of a financial statement item's effect on a
Advance material request
Very early orders for materials before the completion
Bill of materials (BOM)
A listing of all parts and subassemblies required to produce one
Breeder bill of materials
A bill of material that accounts for the generation and
Inventory that has been physically marked as being for a
Indented bill of material
A bill of material reporting format under which successively
Material requirements planning
A computerized system used to calculate material
Material review board
A company committee typically comprising members representing
A document listing the quantities of specific parts to be withdrawn
Matrix bill of material
A bill of materials chart listing the bills for similar products,
Modular bill of material
A bill of material format in which components and subassemblies
Multilevel bill of material
An itemization of all bill of material components, including
Any inventory item that does not match its original design
The waste materials resulting from a production process.
Phantom bill of material
A bill of materials for a subassembly that is not normally
Base-level items used by the manufacturing process to create either
Repair bill of material
A special bill itemizing changes needed to refurbish an
material that has been reworked and returned to stock.
material that has been reserved for a specific purpose.
Single-level bill of material
A list of all components used in a parent item.
Summarized bill of materials
A bill of materials format showing the grand total
The release of items from storage.
This is an agreement entered into by the owners of a business to define the conditions under which the interests of each shareholder will be bought and sold. The agreement sets the value of each shareholders interest and stipulates what happens when one of the owners wishes to dispose of his/her interest during his/her lifetime as well as disposal of interest upon death or disability. Life insurance, critical illness coverage and disability insurance are major considerations to help fund this type of agreement.
Conditional Sale Agreement
An agreement entered into between a conditional buyer and a conditional seller setting out the terms under which goods change hands.
A legal document whereby the one party, usually the prospective investor, pledges to keep strictly confidential, and return on request, any and all information provided by the entrepreneur seeking funding.
This legal document records the final understanding of the parties with respect to the proposed transaction.
systematic withdrawal plan
Plans offered by mutual fund companies that allow unitholders to receive payment from their investment at regular intervals.
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