Examlex
Web services are loosely coupled, reusable software components based on XML and other open protocols and standards that enable an application to communicate with another application without requiring any custom programming.
Unconditional Promise
A commitment or guarantee without any stipulations or requirements that the promisor must fulfill.
Agreement
A mutual understanding or arrangement between two or more parties, often formalized by a contract.
Contractual Intent
The intention of parties to enter into a legally binding agreement, demonstrated by their words, actions, and circumstances surrounding the agreement.
Letter Of Credit
A binding document that a buyer can request from a bank to guarantee that the payment for goods will be made to the seller.
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