Studierende stehen vor dem LC und blicken lächelnd einer Kollegin mit einer Mappe in der Hand nach.

Holdback/Retainage

German Translation

Einbehaltung/Zurückbehaltung

Category

Accounting with SAP R/3

Short Description

A sum of money withheld from a construction contractor's payment according to the terms of its contract, and/or statutory obligation to ensure protection against valid third party claims.
[vgl. www.pmforum.org/library/glossary/PMG_H00.htm (07.02.2002), URL]