retainage 尾款
Retainage is an amount of money withheld from full payment until work is completed. It is withheld to assure that contractor will satisfy its obligations and complete a project. 尾款是留到工作完成后才支付的钱。尾款的目的是为了保证承包商履行义务干完工程。 Example: There is a 5 percent retainage to be withheld on this project. 这项工程留有5%的余款。 |