Historically a seal affixed to legal instruments distinguished those agreements, and companies used seals in order to execute documents as well as fixing their seal to deeds. The seal gave legal legitimacy to the documents. While the law may no longer require the use of seals to execute documents, company constitutions may stipulate their use, and overseas clients and government agencies in other jurisdictions may more readily accept documents executed under seal.« 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.