Act of God

An event that was not only unforeseen but also had catastrophic consequences and, could not have been prevented. Typically a natural disaster that impacted on the ability of parties to fulfil their contractual obligations.

« Back to Glossary Index

Discover the world’s largest Glossary of Procurement terms

With over 800 Procurement specific terms (and growing) you will find everything you need to know or thought you knew about the Procurement function. Our aim is to provide you with a comprehensive list collated from the Comprara Groups hub of training and consulting source materials.The Procurement Glossary has been compiled by industry expert Paul Rogers.