Gatekeeper Contract and Vendor Management Glossary

Search common contracting language and take a deeper dive to discover what each means

Representations

Representations are statements made which relate to fact or present an intention. 

This are most commonly made during contractual negotiations and often induce another party to enter into a contract.

Representations should be true on the date made.

Businesses need to be mindful that representations are accurate, true and non-negligable.