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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.
Suppliers Of Goods And Services
Entities or individuals that provide the market with products or perform tasks as a business.
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