milestone payment
[/ˈmaɪlˌstoʊn ˈpeɪmənt/]
nounpl: milestone payments
pagamento por marco
1. A scheduled payment made upon the completion of a specific stage or achievement in a project, contract, or business agreement
The software development contract includes milestone payments at each phase of the project.
O contrato de desenvolvimento de software inclui pagamentos por marco em cada fase do projeto.
2. A conditional payment tied to the achievement of predetermined objectives or deliverables
The investor agreed to provide milestone payments as the startup reached key business targets.
O investidor concordou em fornecer pagamentos por marco conforme a startup atingisse metas comerciais importantes.
This term is widely used in Brazilian business, construction, and technology sectors, particularly in contracts with government agencies and large corporations. It reflects a risk-management approach where payments are contingent on demonstrable progress, which is common in both American and Brazilian corporate practices.
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