Hello, you have come here looking for the meaning of the word
time and material. In DICTIOUS you will not only get to know all the dictionary meanings for the word
time and material, but we will also tell you about its etymology, its characteristics and you will know how to say
time and material in singular and plural. Everything you need to know about the word
time and material you have here. The definition of the word
time and material will help you to be more precise and correct when speaking or writing your texts. Knowing the definition of
time and material, as well as those of other words, enriches your vocabulary and provides you with more and better linguistic resources.
English
Pronunciation
Noun
time and material (uncountable)
- (idiomatic, business) A form of contractual compensation involving payment for materials used and at agreed rates for the those involved in performing the services.
- The remodelling of the second floor will be fixed-price, but the repair work has to be on a time and material basis.
- Synonym: time and materials