Glossary


A | B | C | D | E | G | I | L | M | N | P | R | S | T | U

A

alternate clause
A clause with an alternate relationship to another clause. Contract authors can substitute an alternate clause for the standard clause in their contracts.

B

blanket purchase agreement
A long term agreement for the purchase of goods and services from a supplier. It includes terms and conditions, details of the goods or services to be purchased from the supplier, and negotiated amounts. The blanket agreement does not contain delivery dates, individual delivery quantities, or amounts. Complete details necessary to supplier fulfillment are specified subsequently in purchase orders issued against the agreement.

C

clause adoption
Reusing a clause from the global business unit in local business units either by adopting the clause without change or by localizing it.
clause localization
A type of clause adoption where the adopted clause is edited to suit the local business unit needs.
clause numbering level
Specifies the determinant type of the document sequence for automatic clause numbering
clause relationships
Clauses in the Contract Terms Library can be incompatible with or alternates for other clauses.
conditional clause
Clause that Contract Expert suggests to add in contract terms if certain rules evaluate to be true for the contract. Contract Expert can add the clause to a predefined location in the contract if location is defined in the terms template.
constant
Holds the numeric value used to evaluate numeric conditions in Contract Expert rules. A constant permits you to reset the conditions of many rules with just one edit.
contract deliverable
A task that needs to be performed as part of the execution of a contract or business document, and that is tracked as part of the contract terms and conditions.
contract deviations
Differences between the contract terms in a contract and those in the contract terms template applied to that contract and any deviations from company policies as determined by Contract Expert feature rules.
Contract Expert
A feature of the application that permits you to create business rules in the Contract Terms Library to enforce corporate policies and standards for contracts.
Contract Expert
A feature that lets you create and evaluate business rules in the terms library such that the contract terms meet your business standards, by suggesting contract changes or additional clauses.
contract fulfillment
Tracks the progress of contractual and noncontractual commitments by interested parties in a procurement enterprise contract and can initiate purchasing activity in integrated purchasing applications.
contract owner
An internal contact on a contract specified as an owner. You can view all the contracts where you are an owner by selecting the My Contracts option on the search page.
contract purchase agreement
A long term agreement for the purchase of commodities with a supplier. It includes terms and conditions, and a total negotiated amount. It does not include details of the goods or services to be purchased from the supplier, delivery dates, individual delivery quantities, or amounts. These details are specified in purchase orders referencing the agreement.
contract source
The source of the contract terms: either the structured terms in the application or an attached file.
contract template
A template containing common contract attributes such as party, and line information. It can be instantly activated for use in creating multiple contracts for an organization or for a customer.
Contract Terms Library
A repository of standard clauses, contract terms templates, and business rules maintained by your organization.
Contract Terms Library
A repository of standard clauses, contract terms templates, and business rules built using Contract Expert.
Contract Terms Library administrator
The employee, designated as administrator during business unit setup, who is responsible for approving Contract Terms Library content.
contract terms template
A template of standard clauses set up in the Contract Terms Library applied during contract authoring either automatically by the application or manually by contract authors.
contract type
A setup that specifies enterprise contract content, including the presence of contract terms and contract lines.
contractual fulfillment
Contract fulfillment lines that covered by the terms of the contract.

D

document sequence
A unique number that is automatically or manually assigned to a created and saved document.
document sequence category
A classification that groups the documents of a particular type that need to be assigned a particular document sequence.
document type
A categorization of contracts, including auction, blanket purchase agreement, contract purchase agreement, RFI, RFQ, standard purchase order, and enterprise contract.

E

enterprise contract
A contract created in the Oracle Fusion Enterprise Contracts application.

G

global business unit
A business unit, designated as global during business unit setup, that can make its clauses and contract terms templates available for adoption by local business units.

I

intent
Specifies if an object in the Contract Terms Library is used for procurement contracts or for sales contracts.
item master
A collection of data that describes items and their attributes recorded in a database file.

L

layout template
RTF document that contains the contract layout for printing and preview.
local business unit
A business unit, not designated as global during business unit setup, which can adopt global clauses created in the global business unit.

M

mandatory clause
Clause from the Contract Terms Library that you cannot edit or delete without special permission.

N

noncontractual fulfillment
Contract fulfillment lines that are not negotiated as part of the contract, but are used to monitor the progress or quality of contractual fulfillment.
nonstandard clause
A clause created during contract terms authoring by editing a standard clause or by creating a new clause that is not in the Contract Terms Library.
numbering scheme
The style of numbering used for the sections and clauses in contract terms.

P

primary contract document
A file containing the contract terms and conditions. This file can be generated automatically by the application from the structured terms or attached to the contract by the contract author.
protected clause
Standard clause that you cannot edit unless you are granted special permission by the Contract Terms library administrator.
provision clause
A clause that is used only in negotiations and is dropped when the negotiation is converted to a contract.
purchasing document
A document such as a purchase order, a purchase agreement, or a blanket purchase agreement created in an integrated purchasing application from a contract deliverable.

R

repository contract
An enterprise contract with no contract or fulfillment lines, such as a nondisclosure agreement or an employment agreement.

S

standard clause
Legally approved language that is part of the terms and conditions in the Contract Terms Library.
structured terms
Contract terms that are authored within the Oracle Fusion Enterprise Contracts application.
system variable
A predefined variable that gets its value from an attribute of the contract or other document.

T

translation-only clause
A clause with text that was translated but not edited.

U

Unassigned section
A contract terms section that is inserted automatically by the application whenever you change the contract terms template during contract terms authoring. The Unassigned section, which is not printed as part of the contract, retains any standard clauses you added and any nonstandard clauses you created from scratch.
user variable
A variable that can be created by the Contract Terms Library administrator for use within clause text or in Contract Expert rules.