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  2. Open-ended mortgages: What are they and how do they work? - AOL

    www.aol.com/finance/open-ended-mortgages...

    Pros of an open-end mortgage. Finance a home purchase and renovations with one loan and one monthly payment. Only repay the mortgage and any extra you use. Avoid closing costs for two loans. Cons ...

  3. Open-book contract - Wikipedia

    en.wikipedia.org/wiki/Open-book_contract

    The project is then invoiced to the customer based on the actual costs incurred plus the agreed margin. It is essentially the same as what is known (especially in the U.S.) as a cost-plus contract. This contract form is popular to ensure that a competitive price is obtained, for instance in cases where tender competitions are impractical.

  4. Employment contract - Wikipedia

    en.wikipedia.org/wiki/Employment_contract

    An employment contract or contract of employment is a kind of contract used in labour law to attribute rights and responsibilities between parties to a bargain. The contract is between an "employee" and an "employer". It has arisen out of the old master-servant law, used before the 20th century.

  5. Open-ended - Wikipedia

    en.wikipedia.org/wiki/Open-ended

    Open-ended may refer to: Open-ended (gameplay), dynamic situations or scenarios that allow the individual to determine the outcome; Open-ended (poker), situation in poker where the player has four of five cards needed for a straight that can be completed at either end; Open-ended contract, a contract with no definite time limit

  6. Closed-end leasing - Wikipedia

    en.wikipedia.org/wiki/Closed-end_leasing

    Closed-end leases are so called because they run for a fixed term, and the lessor and lessee agree in the lease contract what the residual value of the property being leased will be. In most cases (particularly in retail motor vehicle leases), the lessee has an option to purchase the property for the agreed residual value at the end of the ...

  7. Lump sum contract - Wikipedia

    en.wikipedia.org/wiki/Lump_sum_contract

    With a lump sum contract or fixed-price contract, the contractor assesses the value of work as per the documents available, primarily the specifications and the drawings. At pre-tender stage the contractor evaluates the cost to execute the project (based on the above documents such as drawings, specifications, schedules, tender instruction and ...

  8. Open-ended investment company - Wikipedia

    en.wikipedia.org/wiki/Open-ended_investment_company

    A board of directors usually headed by the authorised corporate director (ACD) – An ACD is a FCA authorised firm that assumes full control of the board. The board's responsibilities include: dealing with the day-to-day operation of the company, managing the company's investments, buying and selling the OEIC's shares on demand, and ensuring accurate pricing of shares at net asset value.

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    related to: open ended contract pros and cons chart pdf form instructions free printable
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