care and maintenance


care and maintenance
care and maintenance ˌcare and ˈmaintenance written abbreviation C&M noun [singular]
when a ship, building, or piece of machinery is kept on a care and maintenance basis, it is no longer used but is kept in good condition so that it can be used in the future if it is needed

* * *

care and maintenance UK US noun [U] (ABBREVIATION C & M)
the things that need to be done to keep something working correctly or to provide the basic needs for someone: »

With parks all over the city, a variety of contracts and agreements have been set up to ensure proper care and maintenance.

»

Many have responsibilities for the care and maintenance of dependent relatives.

the process of keeping something in good condition even if it is not being used: »

The board decided to put the mine on care and maintenance while they reorganize the company.

»

The factory has been on a care and maintenance basis since it stopped producing five years ago.


Financial and business terms. 2012.