subcontract

subcontract
noun /sʌb'kɒntrækt/
a contract between the main contractor for a whole project and another firm who will do part of the work
They have been awarded the subcontract for all the electrical work in the new building.
We will put the electrical work out to subcontract.
verb /ˌsʌbkən'trækt/
(of a main contractor ) to agree with a company that they will do part of the work for a project
The electrical work has been subcontracted to Smith Ltd.

Dictionary of banking and finance. 2015.

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Look at other dictionaries:

  • subcontract — sub‧con‧tract [ˌsʌbkənˈtrækt ǁ ˈkɑːntrækt] verb [intransitive, transitive] COMMERCE if a company subcontracts work, they pay other people to do part of their work for them: subcontract something to somebody • Consultants can give advice and then… …   Financial and business terms

  • subcontract — sub·con·tract /ˌsəb kän ˌtrakt/ n: a contract between a party to an original contract and a third party that assigns part of the performance (as building a house) of the original contract to the third party subcontract /ˌsəb kän ˌtrakt, kən… …   Law dictionary

  • subcontract — SUBCONTRÁCT, subcontrácte, s.n. Contract secundar. (din engl. subcontract) Trimis de tavi, 22.01.2007. Sursa: MDN …   Dicționar Român

  • subcontract — [sub′kän΄trakt; ] also, for v. [, sub΄kən trakt′] n. a secondary contract undertaking some or all of the obligations of a primary or previous contract: construction companies often let subcontracts for the electrical work, plumbing, etc. vt., vi …   English World dictionary

  • Subcontract — Sub*con tract, n. A contract under, or subordinate to, a previous contract. [1913 Webster] …   The Collaborative International Dictionary of English

  • subcontract — (n.) contract for carrying out all or part of a previous contract, 1817, from SUB (Cf. sub ) + CONTRACT (Cf. contract) (v.) …   Etymology dictionary

  • subcontract — ► VERB 1) employ a firm or person outside one s company to do (work). 2) work as a subcontractor. ► NOUN ▪ a contract to do work for another company as part of a larger project …   English terms dictionary

  • subcontract — UK [ˌsʌbkənˈtrækt] / US [sʌbkənˈtrækt] verb [intransitive/transitive] Word forms subcontract : present tense I/you/we/they subcontract he/she/it subcontracts present participle subcontracting past tense subcontracted past participle subcontracted …   English dictionary

  • subcontract — I. noun Date: 1817 a contract between a party to an original contract and a third party; especially one to provide all or a specified part of the work or materials required in the original contract II. Date: 1842 intransitive verb to let out or… …   New Collegiate Dictionary

  • subcontract — sub|con|tract [ˌsʌbkənˈtrækt US ˈka:ntrækt] v also subcontract out [T] if a company subcontracts work, they pay other people to do part of their work for them ▪ We will be subcontracting most of the electrical work. subcontract sth to sb ▪ Some… …   Dictionary of contemporary English

  • subcontract — n. /sub kon trakt, sub kon /; v. /sub keuhn trakt /, Law. n. 1. a contract by which one agrees to render services or to provide materials necessary for the performance of another contract. v.t. 2. to make a subcontract for. v.i. 3. to make a… …   Universalium

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