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

Category: A

ATTACHED

A housing unit that shares a wall with another unit. It is commonly a multifamily dwelling or consists of multiple units.

AUDIT STRATEGY

The plan the audited party has for answering questions that may be asked in the auditing process.

AUTHORITARIANISM

When orders are given with threats. This is done to cement the power status of the parties involved. It must be maintained.

AUTOMATIC BILL PAYMENT

When a bill is paid directly from an account through an electronic transfer. This must be authorized. The vendor must submit a request. It can be stopped at any time.

AUTONOMOUS INVESTMENT

An investment that interest rates and profit in the economic climate. If it succeeds the economy did not necessarily get better. Refer to induced investment.

AVOIRDUPOIS WEIGHT

The unit of goods sold by weight. Precious metals are not considered. A pound is considered 16 ounces. Metals are sold in troy ounces which is different.

AUTHENTIC RECORD

A document that represents what is supposed to and has not been changed. AKA authentic document.

ADEQUACY

Being legally able to complete a requirement.

ADMISSIONS

Allowing another party to enter an agreement. Or acknowledging the truth of a statement of evidence.

ADVERSE EFFECT

A negative effect caused by environmental factors. This occurs when the body reacts unfavorably to a sudden change.

AFFIDAVIT OF LOSS

The document that identifies loss of a security. It can be stolen or simply destroyed. The details of the loss are on the document and once made a replacement can be requested.

AGENCY SECURITY

In the United States, NOTES or BONDS issued by governmentsponsored or governmentguaranteed institutions (e.g., FEDERAL NATIONAL MORTGAGE ASSOCIATION, GOVERNMENT NATIONAL MORTGAGE ASSOCIATION, FEDERAL HOME LOAN MORTGAGE CORPORATION). The securities carry explicit or

AGGREGATOR MODEL

Ecommerce model that takes information from several similar websites. This helps design a site that will attract customers. Refer to affiliate model.

AIR PORTABLE

Any cargo on an aircraft that requires minor assembling.

ALARM

The presence of danger being notified to the public near it.

ALL HOLDERS’ RULE

A rule that doesn’t allow a public offer to be made on a new issue before the shareholders get to make their offers.

ALL-OR-ANY PORTION ORDER

An ORDER to purchase or sell any, or all, of a specified quantity of securities, generally at the BROKER

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