Standum
Standum is a term used in the context of legal and financial agreements to refer to a standing offer or proposal. It is a formal declaration made by one party to another, indicating their intention to enter into a contract under specified terms and conditions. The term is often used in business and legal documents to establish a clear and binding agreement between parties.
A standum typically includes detailed specifications about the goods, services, or transactions involved, as well as
Standums are commonly used in various industries, including real estate, construction, and procurement, to ensure clarity