Not to Exceed

Definition:

Used to place a limit on an order when the price is not known. Vendor is to contact the Buyer if the order exceeds the limit.

Related terms:

Gross margin method

Useful articles:

»	When Should You Do Market Research?
»	Is It Dangerous To Pay Too Much For A Home?
»	Is It Time to Revise Your Sales Compensation Plan?
»	Conducting Meetings Over the Internet

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Budget

The single best thing you can do for yourself financially is to make sure you live within your income

Cost Spreading

This is a cost spreading calculator that can be used to spread the estimated cost of up to 8 years.

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Term: Purchasing -> Not to Exceed