All Definitions
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Part-payment
Part-payment means any amount paid by an entity that is less than the total due amount.
Operating Supplies
Operating Supplies means consumable items required for general operations, including but not limited to, stationery, cleaning materials, utensils, uniforms, and equipment.
Partial Refund
Partial Refund means the reduced amount returned to the patron excluding ancillary fees and costs
Options
options, restricted stock awards or purchases, RSUs, SARs, warrants or similar securities, vested or unvested.
Payment in Lieu of Notice
Payment in Lieu of Notice means an amount given instead of the necessary notice period, equivalent to the salary and benefits due in that period
Open Bidding
Open Bidding means a method in which all interested parties are invited to submit a bid for goods, services, or works under equal conditions.
Packaging Material
Packaging Material means any material or element used for protection, handling, selling, or transporting products.
NPAT
NPAT means the net profit after all federal, state, local income tax expenses, calculated consistently according to accounting principles
Outpatient facility
Outpatient facility means a center providing healthcare services, including diagnosis, treatment, and counseling to non-residential patients.
