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

Category: A

AND

An operater that finds records if it has all the words specified in the search. Refer to not and or.

ANNULMENT

When an event or judgment is treated as if it never happened.

APEX FARE

It stands for advance purchase excursion fare. Its plane faire with a discount because it was bought 21 days before, the departures are less than 6 weeks apart, and there are no

APPROPRIATENESS

Acting appropriately or fitting the requirements that are asked of a party.

ARCHIPELAGO

1. A group of islands in the same body of water that are scattered far apart from eachother. They are part of a land mass near them. 2. An etrading firm from

ARMS INDEX

When adcance decline ratio and upside downside ratios are compared to get the markets strength. A moving average is used for 4 to 55 days depending on the time being analyzed. A

ATTITUDE

The choice to be positive or negative about a certain idea. It affects a persons action, responses, and rewards.

AUTOMATIC PROPORTIONAL REINSURANCE

Reinsurance that transfers risk. The losses and gains are split between the insurer and reinsurer. The reinsurer must pay a fee to transfer the commission.

AUTOSHIP

When a shipment is made regularly with an automated payment. It helps with commission.

AVERAGE LIFE

1. the time before a debt is to be paid. the figures are used to compare the best option. Refer to half life. AKA economic life.

AXONOMETRIC PROJECTION

1. a projection that shows an ojects three dimensions. The axes are oriented relative to the projected surface. 2. A 3d drawing of a building based on a floor plan. The lines

ADJUSTED FUNDS FROM OPERATIONS (AFFO)

How much a real estate company has available to it. It uses operation funds, amortized funds, rent, and revenue. AKA cash available for distribution or CAD.

ADVANCE OPTION

A shortterm LINE OF CREDIT granted by an UNDERWRITER to an issuer of securities that can be drawn if the underwriter cannot successfully place the securities. The advance option thus guarantees the

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