Assemble-Serve as-Transfer Contract: Definition, Risks, and Framework

Assemble-Serve as-Transfer Contract: Definition, Risks, and Framework

What Is a Build-Operate-Transfer (BOT) Contract? A build-operate-transfer (BOT) contract is a model used to finance large projects, typically infrastructure projects developed through public-private partnerships. The BOT scheme refers to the initial concession by a public entity such as a local government to a private firm to both build and operate the project in question. After

Bottleneck Definition

Bottleneck Definition

What Is a Bottleneck? A bottleneck is a point of congestion in a production system (such as an assembly line or a computer network) that stops or severely slows the system. The inefficiencies brought about by the bottleneck often create delays and higher production costs. The term “bottleneck” refers to the typical shape of a

Bounty Definition

Bounty Definition

What Is a Bounty? A bounty is a sum paid by a government or business entity to reward certain activities or behavior to reach an economic goal or solve a problem. Key Takeaways In the world of cryptocurrency, bounty programs are used by coin developers to incentivize actions before the initial coin offering (ICO).Bug bounty