- Non-disclosure agreement (NDA)
- A contract in which a party promises to keep received information confidential and not use it beyond the agreed purpose.
- Force majeure
- An event beyond the parties’ control, unforeseeable and unavoidable, that prevents performance; contracts usually regulate its effects.
- Penalty clause
- A clause that fixes compensation in advance if a party breaches or is late.
- Interim certificate
- A contractor’s payment request for work completed in a period, approved before payment.
- Quotation
- A document showing price and terms before agreement, usually not binding until accepted.
- Purchase order
- A buyer’s formal request to a supplier for items at agreed quantities and prices.
- Tax invoice
- An invoice with seller, customer and tax details, usually issued between businesses.
- Simplified invoice
- An invoice for end consumers with fewer details that includes a QR code.
- E-invoicing QR code
- A code carrying core invoice data such as seller name, VAT number, total and VAT in Base64 encoding.
- E-signature
- Electronic data that identifies the signer and shows agreement to a document’s content.
- Audit trail
- A record of every action on a document: who did what and when.
- Contract lifecycle
- The stages of a contract from request, drafting, approval and signing to performance, renewal and termination.
- Parties
- The persons or entities bound by the contract; each party’s capacity must be stated.
- Probation period
- An initial period in an employment contract during which the employee can be assessed and the contract ended under legal limits.
- End-of-service award
- An amount an employee is owed when employment ends under labour law.
- Arbitration
- Resolving a dispute outside court before an arbitrator or panel the parties agree on.
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