Difference between revisions of "Client"
From Open Risk Manual
Wiki admin (talk | contribs) |
Wiki admin (talk | contribs) |
||
| Line 2: | Line 2: | ||
'''Client'''. A party that purchases professional services from, or has a formal relationship to purchase services from another party. A customer of a finance provider. In the context of the latter usage, the word client is used for the client of a finance provider. It is also used extensively to describe the user of a service offered by a professional, or generally as a synonym for ''customer''. Legally, it is the contracting authority of the contract. | '''Client'''. A party that purchases professional services from, or has a formal relationship to purchase services from another party. A customer of a finance provider. In the context of the latter usage, the word client is used for the client of a finance provider. It is also used extensively to describe the user of a service offered by a professional, or generally as a synonym for ''customer''. Legally, it is the contracting authority of the contract. | ||
| − | + | In some cases, the word ''client'' indicates the access device in an IT [[Platform]]. | |
| + | |||
| + | In the context of a [[Loan Agreement]] a Client may be described as the Project Company, ProjCo, the Company or the Borrower. | ||
== See Also == | == See Also == | ||
* Barron's Dictionary of Business and Economics Terms, Fifth Edition, 2012 | * Barron's Dictionary of Business and Economics Terms, Fifth Edition, 2012 | ||
| − | |||
| − | |||
| − | |||
[[Category:Products And Services]] | [[Category:Products And Services]] | ||
| − | |||
| − | |||
| − | |||
| − | |||
Latest revision as of 15:57, 15 June 2023
Definition
Client. A party that purchases professional services from, or has a formal relationship to purchase services from another party. A customer of a finance provider. In the context of the latter usage, the word client is used for the client of a finance provider. It is also used extensively to describe the user of a service offered by a professional, or generally as a synonym for customer. Legally, it is the contracting authority of the contract.
In some cases, the word client indicates the access device in an IT Platform.
In the context of a Loan Agreement a Client may be described as the Project Company, ProjCo, the Company or the Borrower.
See Also
- Barron's Dictionary of Business and Economics Terms, Fifth Edition, 2012
