terms and conditions

The particular requirements embodied in a contract that specify the actions and states that are required for the contract to be fulfilled. In the particular case of software license agreements, these often include particular product use rights that are assigned by the agreement in return for the 'consideration' (such as the purchase price). License terms and conditions also specify how the consumption of the license entitlements is to be measured. For example, the agreement may specify that certain types of computers will consume a set number of points when the software is installed on them.

IT Asset Management (Cloud)