| Allocation | The application of received money to a specific obligation. |
| BOQ | Bill of quantities used to define and measure construction work. |
| Commitment | An approved contractual cost obligation, as defined by the project report. |
| EAC | Estimate at completion: actual cost plus estimate to complete. |
| EOT | Extension of time requested or approved for a contract. |
| ETC | Estimate to complete: the forecast cost of remaining work. |
| GL | General ledger, where posted accounting entries are recorded. |
| IPC | Interim payment certificate used in contractor claim review and payment administration. |
| NPV | Net present value, a measure of the value of cash flows considering timing and configured assumptions. |
| PDC | Post-dated cheque, tracked through custody and bank handling. |
| PPM | Planned preventive maintenance for an asset. |
| Pre-commitment | A budget reservation before a formal commitment, as defined by the project report. |
| Retention | An amount withheld under contract terms pending the applicable release conditions. |
| RFQ | Request for quotation used to obtain and evaluate supplier bids. |
| SLA | Service-level agreement defining service commitments such as response and resolution targets. |
| SOR | The sales contract termination and settlement workspace label used in this account. |
| Unapplied amount | Received money not currently applied to the obligations shown by the receipt. |
| VAC | Variance at completion: current budget less forecast completion cost under the illustrated convention. |
| VO | Variation order recording a proposed or approved construction contract change. |
