BILLABLE Definition

BILLABLE are those costs and/or expenses that are covered under a contractual agreement between two entities that may be billed to the receiving entity.

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HARDWARE, in data processing, is a computer and associated physical equipment involved in data processing or communications functions as opposed to software (the computer programs that provide instructions the computer follows).

OPEN ALLOTMENT is where there is no restriction as to an amount that may be taken from that which is being allotted.

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