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

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AMENITIES

Extra features to make something appear more desirable or to make something seem more valuable than it is.

AMERICAN JOBS CREATION ACT OF 2004

A law signed October 22, 2004 that gives businesses and farmers investors tax breaks. A new credit was made for manufacturers, S corp rule changes, international tax, repealed the FSC/ETI, and boosted

AMORTIZED

Liquidating regular payments at an interval over a specific period of time.

ANCILLARY GUARANTY

A bond where the guarantor is a cosigner of a contract. They have more rights and can challenge payment demands. They are illegal in the US but common in the UK. AKA

ANNUITIZE

1. converting the value in an annuity into payments periodically made. 2. to start to get payments periodically from an acuity contract.

ANTIMICROBIAL

Any chemical or physical agent that kills microorganisms. It can be an antibiotic, antiseptic or disinfectant. AKA germicidal.

APARTMENT BUILDING

A building that several people live in with a common entrance and hallway. Shops may be located on the ground floor.

APPROPRIABILITY

When an item or skill can be learned or copied and can be reused elsewhere.

ARCHIE

A program that searches files in FTP over the internet. Every download is tracked.

AS OF DATE

1. payment terms on an invoice that require repayment on a different date than the creation of said invoice. 2. the date when an aggreement becomes official. 3. date when data is

ASSOCIATED

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

AUGMENTED PRODUCT

A product that has products added to it to make more than one stream for revenue. Refer to agile product.

AUTO COVERAGE

Coverage for a vehicle that is used on public roads. Trailers are also covered.

AUTOMATIC PREMIUM LOAN CLAUSE

When an loan based on cash surrender value is taken out to cover life insurance premuims. It prevents loss and past due status.

AVERAGE INDUSTRIAL WAGE

1. A party given access to make security, financial, and operations decisions. 2. the hourly rate an employee is paid. Farmers do not pay this way. This becomes the benchmark pay per

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This site contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.