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

Category: A

ALTERNATIVE ASSESSMENT

When a trainee must make their own answer to a problem. This removes the simple multiple choice options.

ALUMNI

A group of graduate of a school. They are male and female. The male version is alumnus and the female is alumna.

AMERICAN DEPOSITORY SHARE (ADS)

COMMON STOCK issued by a foreign company in the US marketplace. ADSs, denominated in US dollars, are registered with the SECURITIES AND EXCHANGE COMMISSION and are traded on an EXCHANGE or OVERTHECOUNTER.

ANAEROBIC

Anything not needing oxygen and may be harmed by it. An example of this is bacteria. Spelled anerobic sometimes. Refer to aerobic.

ANNUAL RETURN

1. a yearly report about a firms operations, composition, and position. It mus be done by incorporated and registered firms. Details on this are stock holders, directors, charges against a firm, office

ANTIDILUTION CLAUSE

A rule that stops a firm from giving more stock without letting stockholders to buy the new shares first. It is done to keep stockholders percentage of ownership intact.

ANY-AND-ALL BID

A TAKEOVER mechanism where a company seeking to acquire a target firm agrees to pay the same price for any shares that are tendered. The anyandall bid stands in contrast to the

APPLETON RULE

In New York every insurer must comply with the New York codes. If they aer from another state they must still follow New York rules.

APPLICATIONS (APPS)

A program whose base is in software or the web that is an interface for a task. They can be on a hard drive, the internet, or through a smart phone.

ARBITRAGE

An investment strategy involving the simultaneous purchase and sale of two ASSETS in order to capitalize on small price or rate discrepancies. The intent of the strategy is to generate a profit

ARIMA MODEL

Refer to autoregressive integrated moving average model.

ARSENIC

A metal toxic to humans that causes skin cancer, lung cancer, peripheral vascular disease, and liver damages. It is used for gun shot and semiconductors.

ASSET/EQUITY RATIO

The amount of revenue a company has. The total revenue and the amount a shareholder gets is used to reach this ratio.

ATMOSPHERICS

When a retail store has displays, smells, and environmental elements to influence mood.

AUDIT SCOPE

The activities in a period of time that are being audited.

AUTHORITARIAN PERSONALITY

When a person becomes too attached to ideas of power. They can be rigid, prejudice, and act like a tyrant. If the person encounters a weaker party this is especially present.

AUTOMATIC

A way of doing things that is programmed to happen at specific times.

AUTONOMIC LAW

A rule that it held by a private entity. It could be a corporation or a university.

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