All Definitions
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Trade Payable
Trade Payable means any debt or obligation owed by a party to a business transaction, related to the purchase of goods or services
Undertaking
the business activities transferring/transferred to the Mutual from the Council under the Transfer Agreement.
Transparency Requirements
the Local Government (Transparency Requirements) (England) Regulation 2015 as detailed in section 2 of The Local Government Transparency Code 2015, as amended from time to time;
Travelling Allowance
Travelling Allowance means the allowance granted to an employee to cover expenditure incurred during official travel, inclusive of accommodation, meals, and other incidental expenses.
Unanimous Decision
Unanimous Decision means an outcome declared in the same manner by all involved parties
Trading Business
Trading Business means carrying out routine activities for the purchase, sale, or resale of commodities or energy.
Utility Maintenance Activities
Utility Maintenance Activities means the upkeep, repair and replacement of operational utility improvements, ensuring continued service.
Unbilled Revenue
Unbilled Revenue means payment due for delivered products or services not yet invoiced.
Unceded
Unceded means land never surrendered, relinquished, or ceded to a [institution] by the original titleholder
