The Law Dictionary

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

Category: A

ANTI-TAKEOVER DEFENSE

A legal or structural tactic adopted by a company in order to protect it from being acquired by another company. Defenses may be used in conjunction with, or as a substitute for,

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

APPOINTMENT OF DIRECTORS

Directors are appointed by original investors and named in association articles. The nominated person must sign and agree to take the position. It is usually done at meetings. An existing director can

APPRAISAL VALUE

An opinion that an appraiser gives for the worth of property. The factors that go into this are location, area, improvements, and amenities. The three methods to do this are cost approach,

ARBITRAGE PRICING THEORY (APT)

A financial theory posited as a testable, and more flexible, alternative to the CAPITAL ASSET PRICING MODEL (CAPM), based on the concept that multiple linear RISK factors influence the return of a

ARCHIVAL INTEGRITY

The way records are archived and maintained. They are preserved from any damage, changes, or theft.

ASCENDING TOP

A TECHNICAL ANALYSIS formation that reveals repeatedly higher peaks in the price/level of a security or index, reflecting a bullish trend. See also DESCENDING BOTTOM, FALLING TOP, RISINGBOTTOM.

ASSEMBLY LANGUAGE

A computer language that is intermediate level. It is higher than the machines language but lower than the high level languages. The programs are turned into machine language with assembler programs or

ASSET DEMAND

The assets held as cash whose value will go down if interest goes up an vice versa.

ASSET SALE

Selling receivables or loans to another party. It increases cash flow and reduced debt. The buyer doesn’t have control with their purchase. It is not a true asset sale for this reason.

ASSET-OR-NOTHING OPTION

A BINARYBARRIER OPTION that grants the buyer a payoff equal to a fixed ASSET value if the price of the UNDERLYING market reference exceeds the STRIKE PRICE at expiry. See also BINARY

ASSOCIATED

1. to be connected to another party or business. 2. when molecules are held together by a common bond.

ATTENTION LINE

The line stating the intended party for a document. It is denoted sometimes with ATTN.

ATTRIBUTION

Labeling something as either the cause or effect of another item.

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