divided contract vs separated contract

Both 'divided contract' and 'separated contract' are correct phrases, but they are used in different contexts. 'Divided contract' implies a contract that is split or divided into different parts or sections, while 'separated contract' suggests a contract that is distinct or separate from others.

Last updated: March 31, 2024 • 1467 views

This phrase is correct and commonly used in English.

"divided contract "

This phrase refers to a contract that is divided or split into different parts or sections.

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Where a contract is divided into lots this Article shall apply in relation to each individual lot.
CPV codes; where the contract is divided into lots, this information shall be provided for each lot.
Where a contract is divided into lots, the contracting authority may set minimum levels of capacity for each lot.
If a contract is divided into several lots, or if several contracts to be awarded are strictly interrelated and have the same tasks as their objective, the total value of all lots or individual contracts shall be considered.
To that end, it should be provided explicitly that contracts may be divided into lots.
Contracts may not be divided into individual lots if this results in circumvention of the thresholds.
7. A written record of qualified suppliers, contractors or service providers shall be kept and it may be divided into categories, according to the type of contract for which the qualification is valid.
In view of the enlargement which we all want to see, the European Union and its Member States must finally summon up the courage to undertake radical reforms so that a still politically divided Europe might grow together democratically and in terms of the social contract between citizens.
In addition the work packages into which the contract is to be divided and which are subject to the 40% subcontracting rule should be included in Annex I.
The Commission notes that after completing the existing contracts and implementing the planned restructuring measures, SSN Nowa is supposed to be wound up and if there is any extra cash left it is supposed to be equally divided between Mostostal and the State.
Consequently, the costs of sub-contracts should not be included in the total amount of personnel costs by which the total amount of general costs is divided to arrive at the denominator to be used to determine the percentage of eligible general costs.
The risks were divided into three elements; economic risk in existing contracts, economic risk of under-utilisation of capacity and other economic risks (commercial, labour related and fiscal).
is separable, i.e. is capable of being separated or divided from the entity and sold, transferred, licensed, rented or exchanged, either individually or together with a related contract, asset or liability; or
specific expenditure relating to the units concerned at the Geel, Ispra, Karlsruhe, Seville and Petten sites, including the Joint Research Centre Directorate-General divided between Brussels and Ispra (purchases of all types and contracts).
pre-financing, which may be divided into a number of payments after the signature of the contract or grant agreement or after notification of the grant decision;

Alternatives:

split contract
segmented contract
partitioned contract
sectioned contract
portioned contract

This phrase is correct and commonly used in English.

"separated contract"

This phrase refers to a contract that is distinct or separate from others.

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If an embedded derivative is separated, the host contract shall be accounted for in accordance with the appropriate Standards.
Such designation may be used whether paragraph 11 requires the embedded derivatives to be separated from the host contract or prohibits such separation.
The carrying amounts of the embedded derivatives separated from these host contracts, in accordance with the relevant accounting framework, shall be reported in templates 10 and 11.
for contracts for the supply of additional goods and services or for ancillary building works which, technically, cannot be separated from their main contract.
An entity shall assess whether an embedded derivative is required to be separated from the host contract and accounted for as a derivative when the entity first becomes a party to the contract.
- when such additional works or services cannot be technically or economically separated from the original contract without major inconvenience to the contracting authorities,
assessment of whether an embedded derivative should be separated from the host contract in accordance with IAS 39 (which is a matter of classification as this IFRS uses that term).
An embedded option-based derivative (such as an embedded put, call, cap, floor or swaption) is separated from its host contract on the basis of the stated terms of the option feature.
IAS 39 requires an entity, when it first becomes a party to a contract, to assess whether any embedded derivatives contained in the contract are required to be separated from the host contract and accounted for as derivatives under the Standard.
Derivatives included in hybrid instruments which have been separated from the host contract shall be reported in templates 10 and 11 according to the nature of the amount of the host contract is not included in these templates.
If an embedded derivative is separated, the host contract shall be accounted for under this Standard if it is a financial instrument, and in accordance with other appropriate Standards if it is not a financial instrument.
An embedded non-option derivative (such as an embedded forward or swap) is separated from its host contract on the basis of its stated or implied substantive terms, so as to result in it having a fair value of zero at initial recognition.
An embedded derivative shall be separated from the host contract and accounted for as a derivative under this Standard if, and only if:
This applies when the relevant procurements cannot, for objective reasons, be separated and awarded through separate contracts.
The other rows include the carrying amount of the host contracts that have been separated from the embedded derivatives according to the relevant accounting framework.
On the severability of the basic and additional services, Corsica Ferries considers it to be quite clear that the public service delegation contract itself, and its implementation, mean that these activities can be separated.
If the resulting transfer of insurance risk is significant, the embedded derivative meets the definition of an insurance contract, in which case it need not be separated and measured at fair value (see paragraph 7 of this IFRS).
Similarly, if an entity is unable to measure separately the embedded derivative that would have to be separated on reclassification of a hybrid (combined) contract out of the fair value through profit or loss category, that reclassification is prohibited.
is separable, i.e. is capable of being separated or divided from the entity and sold, transferred, licensed, rented or exchanged, either individually or together with a related contract, asset or liability; or
If a hybrid contract contains a host that is not an asset within the scope of this Standard, an embedded derivative shall be separated from the host and accounted for as a derivative under this Standard if, and only if:

Alternatives:

distinct contract
isolated contract
independent contract
standalone contract
unconnected contract

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divided contract vs separated contract