Definition of Fuel purchase agreement

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TeachMeFinance.com - explain Fuel purchase agreement



Fuel purchase agreement

An agreement between a company and a fuel provider which stipulates that the company agrees to purchase its fuel from the fuel provider. If the company has a credit card for use at a fuel provider's locations, but is not bound by an additional agreement to purchase fuel from that provider, the credit card agreement alone is not considered a fuel purchase agreement.



About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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