Dictionary of Procurement Terms

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Search Results: 81-90 of 122 results for “I”

  • Internal Service fund

    A type of proprietary fund that accounts for the financing of goods or services provided by one department or agency to other departments or agencies of the governmental unit, or to other governmental units, on a cost-reimbursable basis. Some examples of internal service funds could include self-insurance funds, central warehousing and purchasing, central data processing, and central printing and duplicating.

    See Also: Proprietary Funds, Enterprise Funds

  • International Air Transport Association (IATA)

    A non-political international organization, with headquarters in Geneva. Membership is open to all scheduled airlines registered in countries that hold membership in the International Civil Aviation Organization. IATA promotes the standardization of air transportation rates and promotes safety and efficiency among commercial air carriers. (IATA)

  • International City/County Management Association (ICMA)

    Established in 1914, ICMA is the professional and educational organization for chief appointed managers, administrators, and assistants in cities, towns, counties, and regional entities throughout the world. (ICMA)

  • International Commercial Terms (Incoterms)

    Terms published by the International Chamber of Commerce (ICC) that are globally recognized terms for moving goods internationally. These terms define the responsibilities and risks of both the buyer and seller including while the merchandise is in transit. Incoterms apply to goods that cross national borders.

  • International Federation of Purchasing and Supply Management (IFPSM)

    The union of 42 National Purchasing Associations worldwide. Within this circle, about 200,000 purchasing professionals can be reached. It is a non-profit organization registered in Aarau, Switzerland. (IFPSM)

  • International Monetary Fund (IMF)

    An organization established in 1947 to promote trade among member nations by eliminating trade barriers and fostering financial cooperation. There are 184 member countries working together to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, while reducing poverty. (IMF)

  • International Organization for Standardization (ISO)

    Headquartered in Geneva, Switzerland, ISO is an international body composed of members representing standards organizations. The objective of the organization is to promote the development of standards, testing, and certification to encourage the international trade of goods and services. As of 2002, ISO reports that its standards have resulted in certification of over 400,000 organizations around the world. ISO has concentrated on quality improvement and has issued the ISO 9000 series of quality system standards. ISO 14000 standards certify an organization’s environmental performance. (ISO)

  • Internet

    A global computer network providing a variety of information and communication facilities, consisting of interconnected networks using standardized communication protocols. (Oxford Dictionaries, 2015)

  • Internet Merchant

    Specific to eCommerce, a business person or entity that sells a product or service over the Internet.

  • Interrogatory

    Specific to legal matters; a written question or questions submitted by one party to the other party, witness, or other person having information of interest in the case. The answers to the interrogatories are usually given under oath. (Black's Law Dictionary, Fifth Edition)

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