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

Category: A

AVOIDED COST

The cost saved by buying resale instead of building a new plant. The capital cost and operating cost of the plant are considered.

ASSESSED VALUE

Real estate value that government assessors use for taxes and court damages. This is not appraisal value.

ADDRESS FOR SERVICE

An address that is given to deliver legal documents. If the document is delivered to that address its considered delivered to the party.

AEROSOL

Super fine liqid drops like fogs and smoke. They can be naturally occuring or man made. Climate changes can occur as well. Or a dispenser of products that cannot be refilled. A

AGENCY PROBLEM

When an abuse of power is used to benefit the agent not the company.

AGGREGATE PLANNING

planning for 3 to 18 months only. Manufacturers use this to reduce mixing input in products.

AIR POLLUTANT

A substance in air that can harm in a high concentration. They can be solid, liquid, or gas. They are in two groups. The first group comes from an identified group. The

AIRTIME

1. the time and date an ad is to be shown. 2.the time slot that the company is billed for. 3. the time a cell phone call takes that is used to

ALL CHANNEL SALES

The number of sales in a period of time. Its used to get the product out in the market.

ALLOCATE

To spread costs or loss over more than one accounting period. Or to charge the loss to many activities and departments.

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.

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