"Retainage" Pronounce,Meaning And Examples
"Retainage" Natural Recordings by Native Speakers
"Retainage" Meaning
Retention of a part of payment, accepted, paid in advance as security for completion of unspecified goods or services, typically 5-10% of the total value.
"Retainage" Examples
Retainage
Noun
1. A deduction from a contractor's payment for work done or materials supplied, on the understanding that the money will be repaid once the final balance is known or the work is completed conditionally.
"The builder took retainage of 10% of the contract price as a guarantee for future design assets."
2. The amount left over after an arithmetical process, especially as a remainder or residue.
"There will be some retainage in the account balance due to the decimal issue of the billing software."
3. In economics, the part of goods or labor that cannot be used, or the value of the goods or labor which does not enter into the construction value of another product; hence, profits less than the receipts and expenses of trade.
"The textile retainage rises during the year of saturated demand."
4. A fertilizer made from the by-products of other industries which contains a lot of reliable arrangements for plant growth.
"Direct utilities are grabs in the sense that each city needs some synthesis and qualification of them whereas offers make retainage in some eventual deductions."
5. An encashment withholding or reserving, especially “retained fees or to accounts matching in current operations Beet project deal environment.
"[Will terminate] against obviously, possibly unheard extend division produced, cost or draw trace in IV panel modeled stages is all capital Support"."
"Retainage" Similar Words
Retail
The term "retail" refers to the sale of goods or merchandise to the end-user, typically through a physical store, online platform, or other direct sales channels. It involves the final sale of products to individual consumers, as opposed to wholesale, which involves the sale of products in bulk to retailers or other businesses.
Retailed
Retailer
Retailers
Stores or organizations that sell products or services directly to consumers, often in large quantities, retailing to individuals through various distribution channels, such as brick-and-mortar stores, e-commerce websites, or price comparison websites.
Retailing
The act of selling goods or products directly to customers, typically in small quantities, usually through a store, an online platform, or a mobile stall, rather than through a wholesale or bulk sale.
Retails
The term "retails" can refer to several related concepts:<br><br>1. <strong>Goods or Services Selling at Wholesale and Retail Prices</strong>: In economics and business, retail refers to the activity of selling products or services directly to end-consumers, as opposed to wholesalers, who sell products to retailers or other businesses at a lower, wholesale price. Retail involves providing goods or services at a markup, in the hope of making a profit.<br><br>2. <strong>Offline Shops or Online Platforms</strong>:<br> - <strong>Retail Stores</strong>: Physical stores or market stalls that sell goods to end-users. This can include brick-and-mortar stores, shopping malls, and street markets.<br> - <strong>Retail Websites</strong>: Virtual versions of retail stores that sell goods or services online. Customers can browse and order products from the comfort of their homes and have them delivered or shipped to them.<br><br>3. <strong>Retailing as a Business Activity</strong>: Retail is an industry that involves selling goods or services directly to customers. Retailers use various strategies to attract and retain customers, such as offering quality products, competitive pricing, promotions, publicizing through advertising, and improving customer service.<br><br>4. <strong>Retail in General</strong>: Retail can also metaphorically extend to publishing industry, where the finished product (book or magazine literally) is distributed and sold to customers, as opposed to going through an intermediary. This term can apply to any sector or product for which the end consumer interacts or buys directly.
Retain
Retained
Retainer
A retainer is a person or thing that keeps something in a particular position or state, often by applying gentle pressure or support.<br><br>In dentistry, a retainer is a device used to maintain the position of teeth that have been straightened with braces or other orthodontic appliances.<br><br>In law, a retainer is a lawyer or firm that is hired to represent one party in a case, but is not the main lawyer on the case.<br><br>In business, a retainer is a fee or payment paid to someone to provide ongoing services, but not necessarily for a specific project or task.<br><br>In sport, a retainer can refer to a person who helps to keep the ball in play or maintain the game state, for example, a goalkeeper in hockey or soccer.
Retainers
Retainers are:<br><br> People who have a financial arrangement to support or maintain someone, especially a celebrity or a public figure.<br> Dentures or other devices used to hold a dental appliance in place, such as a partial denture.<br> A fee or payment paid to someone, especially a lawyer or a financial advisor, to provide ongoing services or support.<br> A device used to hold something in place, such as a retainer clip or retainer ring.
Retaining
The word "retaining" can have several meanings depending on the context:<br><br>1. Holding onto something: To keep or maintain something in a particular state or condition, such as "retaining her job."<br>2. Keeping possession of something: To possess or hold onto a piece of property, possession, or a right, such as "retaining title to the house."<br>3. Preserving a quality or characteristic: To keep or maintain a particular quality or characteristic, such as "retaining her youthfulness."<br><br>In general, "retaining" implies the idea of keeping or holding onto something, whether it be a physical object, a situation, a relationship, or a quality.
Retains
Retains refers to the act of holding onto or keeping something in one's possession or control, even after the initial period of possession or control has ended. It can also mean to hold back or restrain one's emotions or ability, often for a short period of time.<br><br>For example:<br><br>- The company retains its employees despite the financial difficulties.<br>- She retains a smile as she remembers the happy memory.<br><br>Related words: keep, hold, preserve, maintain, restrain.