gesture noun [ C ] (MOVEMENT) C1 a movement of the hands, arms, or head, etc. to express an idea or feeling: The prisoner raised his fist in a gesture of defiance as he was led out of the courtroom. She made a rude gesture at the other driver.
The contract portfolio as the name implies is a holding space for contracts and agreements related to the provision of services. Literally the contracts held in the Contract Portfolio lay out the terms and conditions associated with the provision of services.
Contract management is the process of managing contracts from vendors, partners, customers, or employees. It supports the entire customer lifecycle which covers any process that contributes, creates or utilizes contract data. Contract management can be an asset, or a liability, depending on how digital and integrated your process is. The business world is changing.