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Retention money is a payment of money that is given to a business or service provider prior to services or products being delivered. This money is given refunded should the services or materials not be delivered or acceptable.
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∙ 9y ago
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What is retention receivables?
Retention is the amount withheld by a customer until a contract is completed.orRetention is an amount held back from the final payment until the end of a defects liability period. It is to protect the client by ensuring that all defects are corrected within a reasonable time frame after the project is signed off as completed. This money is a receivable, but it is conditional on the defects being remedied to the client's satisfaction. They are accounted for separately because they are conditional.
What does dirt stand for in business term?
deposit interest retention tax
What is the difference between risk retention and self insured?
Risk retention refers to the ability to accept risk and or can be referred to as risk taking, however self insured refers to a situation when someone is very much hopeful
What is retention money or security money?
When you rent an apartment, landlords usually ask for a security deposit equal to a month's rent. Renters can potentially cause all sorts of problems for landlords, they can damage the property that they rent, they can refuse to pay their rent, etc. This way landlords have at least some ability to penalize a tenant who causes these kinds of problems, by refusing to return the security deposit (in part or in full).
Countrywide home loan Retention Division?
I worked for Countrywide for 4 years. The Loan Retention Division, also known as the Home Retention Department, is a special division of Countrywide created in early 2008 to find ways to keep people out of foreclosure. It's a way to refinance basically for people who are behind and have no other options. Translation: If you have bad credit, no problem. We'll clean up your mess so we won't get sued. If you have good credit? Pay high closing costs on a refinance.
What is advance against retention money?
no
What is the difference between relative retention time and retention time?
the difference between retention time and retention factor is that the retention time is a quatitative value where`s the retention factor is a qualitative on.
What hormone causes salt retention?
Aldosterone will cause salt-retention and thereby H2O retention because of the osmotic gradient.
What is the meaning of cultural retention?
what is the meaning of cultural retention i need the meaning
Is retention bonus eligible for 401K?
Retention bonuses are not 401K Elegible.
What is the maximum retention amount in construction contracts?
Limit of retention is the maximum amount that can be retained in the construction contract. Suppose the retention % is 5% and limit of retention is 10%. On a contract value of Rs100.00. The first claim amounts to Rs20.00. Retention is Rs1.00 and net payment is Rs 19.00
Employee Retention strategies by reliance?
it has no such policy....... if u want to leave pl pay back all your money earned and leave. there is no one who will stop you.
What will be the effect of pH on retention time?
Retention time decrease with an increase in pH.
How do you make a sentence using retention?
This water retention is causing me to gain weight.
Can general anesthesia cause fluid retention?
Can anesthesia cause fluid retention
What does cultural retention mean?
cultural retention is where practices of the past follows into the present
What are the personnel acquisition and retention of pure foods company?
what are the personnel acquisition and retention of pure foods company? what are the personnel acquisition and retention of pure foods company?
