time and material

English - English

Definition of time and material in English English dictionary

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.

Related Terms

time and materials

plural form of time and material

Hyphenation

time and ma·te·ri·al

Turkish pronunciation

taym ınd mıtîriıl

Pronunciation

/ˈtīm ənd məˈtərēəl/ /ˈtaɪm ənd məˈtɪriːəl/