The-definition.com

Definition

Completed operations

Completed operations are liability arising out of faulty work performed away from the premises after the work or operations are completed; applicable to contractors, plumbers, electricians, repair shops, and similar firms.

Share it:  Cite

More from this Section

  • Coupon or bearer bond
    Coupon or bearer bond one with dated coupons attached, which the bondholder must cut off ...
  • Exchange Rate Risk
    Exchange Rate Risk is the risk that changes in currency exchange rates may have an unfavourable ...
  • Loan Pricing
    Loan pricing means determining the interest rate for granting loan to creditors, be it ...
  • Allied member
    Allied member is a partner or stockholder of a firm that is a member of the NYSE, the ...
  • Asset/Liability Risk
    Asset/Liability Risk is a risk that current obligations/ liabilities cannot be met with ...