The phrase "assurance contract" is correct and usable in written English.
It can be used in contexts related to insurance, finance, or legal agreements where a guarantee or promise is made regarding certain conditions or outcomes.
Example: "The company offered an assurance contract to ensure that clients would receive compensation in the event of a loss."
Alternatives: "guarantee agreement" or "insurance contract."
One is bound up with that strangulated officialspeak that took root in the New Labour period, as proven by the company's promotional blurb: "Through quality assurance, contract management, performance management, data management; evaluation; capacity building; and market making we help governments deliver more for less".
In a provision-point contract (also known as an assurance contract), members of a group pledge to contribute to an action if some pre-specified threshold condition is met.
The novel mechanisms we explore in this paper are based on provision-point contracts (also known as assurance contracts).
Building Lighthouse is possible because the bitcoin protocol supports assurance contracts, more commonly referred to today as crowdfunding.
Kathy Jorrie, a lawyer for the entertainment group producing the "This Is It" concerts that Mr. Jackson was rehearsing for when he died in June 2009, testified that despite Dr. Murray's assurances, his contract included a provision for a CPR machine in case Mr. Jackson needed to be resuscitated.
Yet Russia and Syria have dragged out discussions of Mr Annan's request, with Russia insisting on assurances about contracts still pending, many of which went to its own companies.A far more difficult debate is expected over what should happen in Iraq once the war is over.
In other words, Stringer sought assurances in her contract that money she raised for her team would be spent on improvements to its facilities.
In a future conflict, if, for example, one or two countries that had made a large contribution to a pooled fleet of air-to-air tankers decided to sit out the campaign, what would happen to the assets they had paid for and helped to operate?Mr Rasmussen is looking at "assurance of availability" contracts signed between participants in a pooling arrangement.
An investigation was originally opened last November but halted last March after Mr. Small and his lawyer sent copies of import permits and written assurances that his contract with the seller of the collection required her to obtain the appropriate permits, the official said.
Next, we address semantic expressiveness assurance of electronic contracting.
Its chairwoman Margaret Hodge criticised G4S and Locog, saying: "In evidence to us before Christmas, all those concerned gave assurances that the contract could be met despite more than doubling the number of guards before the ink was dry on the original contract.
