COST CEILING Definition

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COST CEILING, in project management, is the sum of the Project Cost Target plus the projects Contingencies cost allowances.

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ERISA, in the U.S., refers to the Employee Retirement Income Security Act of 1974. It is a major U.S. law which guarantees certain categories of employees a pension after some period at their employer; there had been more ambiguity before about what rules an employer could put on which employees could get a pension.

MATCHING, in accounting, is the matching of invoices to purchase orders and delivery notes prior to payment.

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