What does the MOD stand for?
Ministry of Defence
A list of Ministry of Defence (MOD) acronyms and abbreviations. From: Ministry of Defence Published 15 August 2014.
What does MOD mean in contracts?
A contract modification (mod) is any written change by the contracting officer to the contract terms and conditions. A mod can be issued at any time after the contract is awarded.
What does mod mean in real estate?
mod: Modern. no fee: No charge by a real estate agent or broker.
What does mod mean in business?
What Does Manufacturing on Demand (MOD) Mean? The phrase “manufacturing on demand” (MOD) is a manufacturing process wherein goods are produced when or as they are required.
What are the two types of contract modifications?
Contract modifications are of the following types:
- (a) Bilateral.
- (1) Make negotiated equitable adjustments resulting from the issuance of a change order;
- (2) Definitize letter contracts; and.
- (3) Reflect other agreements of the parties modifying the terms of contracts.
- (b) Unilateral.
- (1) Make administrative changes;
What is the purpose of a contract modification?
Contract modification refers to mutually agreed changes or alterations made to a contract. A contract modification may introduce or cancel specifications or terms of an existing contract, while leaving its overall purpose and effect intact. Contract modification is also called contract amendment.
What is mod in property registration?
The term MOD means Memorandum of deposit of title deed or popularly also known as Mortgage deed of your property. This deed is usually executed when the bank releases money to the vendor from the loan account of its customer in installments or at the time of registration of the property.
What is MOD charges stamp duty?
Mortgage Deed Fee: This is one of the major charges you will have to incur while opting for a home loan. It is generally a percent of the total home loan amount. In general, most institutions charge 0.5 per cent of the loan amount as an MOD charge.
What does MOD mean in retail?
MOD (Modular): Different retailers utilize the term MOD in a variety of ways. MOD is yet another word for planogram (POG) and is sometimes used to refer to one 4-foot section of an aisle where a category of goods, like laundry detergent, is on display. For example, the laundry detergent is on MOD 4 in aisle 12. 16.
What does MOD stand for in sales?
Manufacturing on Demand (MOD)
What does contract modification mean?
Contract modification refers to mutually agreed changes or alterations made to a contract. A contract modification may introduce or cancel specifications or terms of an existing contract, while leaving its overall purpose and effect intact.
When a modification to a contract is reported as a separate contract?
2 Modification is accounted for as a separate contract. Accounting for a modification as a separate contract reflects the fact that there is no economic difference between the reporting entities entering into a separate contract or agreeing to modify an existing contract.