claims adjustment

Adjustment of loss/claims reserves to reflect updated estimates of expected claim payments and risk exposure within insurance or claims management.

A contractual provision that ties prices or performance terms to external factors such as costs, exchange rates, inflation, or tariffs and allows adju...

Claims arising from services or events occurring at a port (such as cargo damage, loss, delays, or port/terminal charges), for which a party seeks com...

A contractual provision that allows the buyer and/or seller to adjust the price, payment terms, or delivery terms in response to changes in customs du...

A legal instrument in logistics, procurement, and transport that governs the adjustment of prices or tariffs in response to changed costs, inflation r...

An inventory adjustment is the correction of recorded stock quantities in the warehouse to reflect actual physical counts and to rectify discrepancies...