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Rand definition

Rand or "R" means the South African rand, the official currency of South Africa;
Rand or "R" or "ZAR" means the lawful currency of South Africa;
Rand means the lawful currency of South Africa.

Examples of Rand in a sentence

  • GENERAL CONDITIONS1.1 The following preference point systems are applicable to all bids:- the 80/20 system for requirements with a Rand value of up to R50 000 000 (all applicable taxes included); and- the 90/10 system for requirements with a Rand value above R50 000 000 (all applicable taxes included).

  • These annual financial statements are presented in South African Rand, which is the functional currency of the municipality.

  • Identify by name and firm those individuals who are, or will be, responsible for, and have authority to engage in the relevant management functions and policy and decision making, indicating any limitations in their authority e.g. co-signature requirements and Rand limits).

  • All prices must be quoted in South African Rand on a fixed price basis, excluding VAT.

  • GENERAL CONDITIONS1.1 The following preference point systems are applicable to invitations to tender:- the 80/20 system for requirements with a Rand value of up to R50 000 000 (all applicable taxes included); and- the 90/10 system for requirements with a Rand value above R50 000 000 (all applicable taxes included).


More Definitions of Rand

Rand or “R” - the lawful currency of South Africa;
Rand or “R” - the South African Rand, the lawful currency of South Africa; 2.1.75 “Regulations” - regulations issued in terms of the Protected Areas Act; 2.
Rand or “R” means South African rand, the official currency of South Africa;
Rand or means the lawful currency of the Republic.
Rand. ZAR" and "Cent" mean the lawful currency of South Africa and "Cent" is a one-hundredth (100th) part of one (1) Rand;
Rand means Rand Logistics, Inc., a Delaware corporation.