Phrase guide

time and material

noun · 1 senses · updated from the 2026-07-25 local source snapshot

Definitions and examples are grouped by meaning. Pronunciation, history, word forms, translations, descendants, synonyms, antonyms, derived terms, and related words appear whenever the source provides them.

Sound

Pronunciation

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1

noun

Meaning 1

A form of contractual compensation involving payment for materials used and at agreed rates for the those involved in performing the services.

Definition source: English Wiktionary via Wiktextract

Usage: idiomatic, uncountable

Topics: business

Examples

  • The remodelling of the second floor will be fixed-price, but the repair work has to be on a time and material basis.

Meaning relationships

Synonyms: time and materials

Antonyms: none provided

History

Etymology

No etymology was provided for this word.