ORDER INTAKE Definition

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ORDER INTAKE is all orders which were legally concluded during the respective accounting period under review and have also come into effect.

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HOLDBACK is a portion of a construction loan that is not funded until the subject project is nearing completion, or the borrower has satisfied certain contractual performance requirements, such as leasing a majority of the space in the building. The amount held back is often equal to the construction firms projected profit when the building is completed.

REFURBISH is to renovate or clean up.

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