Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

Category: A

APOSTILLE

Any international document that requires additional authentication. It can be anything from a school record to an adoption paper. It was done to reduce the amount of time taken on authentication between

APPLICATION PROGRAMMING INTERFACE (API)

Software routines, tools, and procedures that are grouped to be building blocks in developing an app for a platform. Its an interface that lets different programs work together.

ARREARS SWAP

An INTEREST RATE SWAP with a floating INTEREST RATE that is set in arrears rather than in advance; thus, the rate may be set two days before payment date, rather than six

ASEPTIC

The state of being sterilized in a small area to reduce exposure.

ASYMMETRY

The state of not having balance. One part is more than the other.

ATTRITION

1. when work force goes down due to natural, uncontrollable, and unpredictable elements. 2. losing resouces when they become obsolete or spoil.

AUSTRALIAN TRADE COMMISSION (AUSTRADE)

A government comittee that promotes Australian products to other countries. They also want to attract more business to the country. There are 100 offices in 63 countries that do this.

AUTOCORRELATION

A statistical measure that indicates the degree of CORRELATION of a random variable with itself; specifically, it measures the relationship between a value in a time series and those that occur before

AUTOMOBILE

A vehicle with four wheels and an engine. They move people and cargo around. Gasoline is the fuel for this transportation method. Some have electric or water run engines as well.

AVAILABLE ASSET

An asset that is ready for quick conversion into cash. This is done to meet an urgent need for cash flow.

AVERAGE UP

When an investor buys long position shares to reduce prices and make more profit. Compare this term to average down and dollar cost averaging.

ADDITUR

When value is added to a court settlement to prevent a plantiff from appealing based on inadequate damages. The defendant must consent. The court has the power to do this.

ADMINISPHERE

The administration office in an organization. Some employees think its negative due to the unimportant decisions made there.

ADVENTURE CAPITALIST

A business person who steps in to help another business. They are involved in many of the day to day transactions.

AGE AND LIFE CYCLE

Organizing an age group based on their life stage. This changes as a person ages. The stages are child, young adult, adult, and older adult.

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