Examlex
-What does "E" represent?
Material
Relating to, derived from, or consisting of matter; physical.
Claim
A formal request or demand for payment or another benefit, based on the terms of an insurance policy or contract.
Trust Fund
A legal entity created to hold assets for the benefit of specific individuals or organizations, managed by a trustee.
Hold-Back
The retention of a part of the contract price by the owner as required under construction lien legislation to ensure payment of subcontractors and suppliers of materials.
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