service contract betydelse and definition

Betydelse av service contract på svenska

• 0 a formal agreement between a company and an employee in a high position about their pay and conditions of employment (= rules under which they are employed):

  • The company has reduced service contracts for its executive directors to one year's notice.

  • She was on a two-year service contract.

• 1 an agreement between a company and a customer, stating that the company will check and repair equipment for an agreed price during a fixed period of time:

  • Make sure you don't pay too much for an extended warranty or service contract.

• 2 an agreement with a mobile phone company in which the customer pays a fixed amount each month:

  • New customers can terminate a service contract within the first three days without being charged.