Dictionary of Business Terms: punch list
punch list
enumeration of items that need to be corrected, such as repairs to a machine or building, prior to or after a sale.
Dictionary of Real Estate Terms: punch list
punch list
an enumeration of items that need to be corrected prior to a sale or acceptance of a completed construction project.
Example: The buyer refuses to close the purchase until the builder fixes the leaky roof and replaces the defective carpeting-the 2 items on the buyer's punch list.
