Business, Legal & Accounting Glossary
noun a result ExampleThe effect of the pay increase was to raise productivity levels. an operation Usage terms of a contract which take effect or come into effect from January 1st terms which start to operate on January 1st Usage prices are increased 10 per cent with effect from January 1st new prices will apply from January 1st Usage to remain in effect to continue to be applied meaning Usage a clause to the effect that a clause which means that Usage we have made provision to this effect we have put into the contract terms which will make this work verb to carry out Usage to effect a payment to make a payment Usage to effect customs clearance to clear something through customs Usage to effect a settlement between two parties to bring two parties together and make them agree to a settlement a result an operation meaning to carry out
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This glossary post was last updated: 20th November, 2021 | 0 Views.