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

Category: A

AGENCY PAYMENTS

Payments made between government agencies for services exchanged. They are not on the budget.

AGGRAVATING CIRCUMSTANCE

A condition that makes the accused more liable. The more severe punishment is given to cases with brutality. Refer to mitigating circumstance.

ALLIN COST

The total price that has explicit, implied, paid, and incurred costs in it.

ALTERNATE BENEFICIARY

A party as a back up to a beneficiary. They will get any inheritance. Insurance uses it as well. It is more common in real estate or personal property.

ALTMAN ZSCORE

Edward Altman’s way to file bankruptcy. It measures how well a party can pay debts and prevent insolvency.

AMERICAN SHARES

A certificate representing claims on foreign equities. They are issued by the US through a transfer agent. The agent works on behalf of the issuer.

ANAEROBES

Any life form that doesnt need oxygen to live.

ANNUAL CLEANUP

When the borrower must have a zero balance with the company for 3.060 days. It is not common anymore and is not necessary for a secured line of credit.

ANTIBOYCOTT REGULATIONS

A law making boycotting a specific business illegal. It was founded in the 1970s. Businesses can’t refuse to hire US citizens based on race, religion, or their mother country.

ANY QUANTITY

Fixed freight rate regardless of the weight of the package.

APPLET

A program that does a small part of a big program. Java is commonly the language used to program these.

AQUEOUS WASTE

Any liquid waste that is waterbased. It may have floating or settled debris like oil, paint, or rust.

ARROW’S IMPOSSIBILITY THEOREM

The theory that no election is swayed by the voting method used. The criteria of unrestricted domain, nondictatorship, paret efficienty, and independence of irrelevant alternative are used to determine the validity of

Topic Archives:

Disclaimer

This site contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.