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

Category: 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.

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.

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