theory-a well-substantiated explanation of some aspect of the natural world; an organized system of accepted knowledge that applies in a variety of circumstances to explain a specific set of phenomena; theories can incorporate facts and laws and tested hypotheses; true in fact and theory.
wikiHow to Write Vendor Contracts. Some companies and organizations partner with vendors to provide a better product or service. Other businesses use vendors as contractors, providing something they need either on a one-time basis or an ongoing schedule. For example, many companies use vendors to supply technology, cleaning services, office equipment, or transportation. Anytime you use a vendor, you and the vendor should both sign a contract.
DEFINITION of 'Vendor Financing'. The lending of money by a company to one of its customers so that the customer can buy products from it.By doing this, the company increases its sales even though it is basically buying its own products.Next Up.he lending of money by a company to one of its customers so that the customer can buy products from it. By doing this, the company increases its sales even though it is basically buying its own products. Next Up.