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

Category: A

AMICUS CURIAE

A party that is not involved in litigation but gives expert testimony when the court asks. They can support public interest not being addressed in the trial.

ANCHOR TENANT

The first shopping center that attracts others and the customers associated with them. The rent is lower for this tenant.

ANTIGREENMAIL PROVISION

A clause in a charter that prevents buyback of stockshared for the board of directors. Managers cannot buy back stock at premiums because of greenmail.

AOL

A company owned by time warner. It was used on dialup and had a radio and messenger service. It was founded in 1983 and was briefly called quantum computer services.

APPLICABLE RATE

A scale with numbers that is used to determine charges, tax, and other cost issues.

APPRAISAL FEE

A charge that an appraiser estimates for market value. The fee is based on the value or it can be fixed.

ARC WELDING

Joining metals by heating the spaces between them and adding a filler metal.

ARM IN ARM TRANSACTION

When a deal is made between parties interested in the same outcome. This can be a noncommerical prices and terms. Refer to arms length transation.

ARTWORK

A work or illustration that can be a drawing, letter, painting, or photographs. It is made to be reproduced by its instructions and color specifications.

ASSISTANT

An employee that helps someone with higher rank than them intheir activities.

ATTENTION LINE

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

AUDITOR’S OPINION

An auditor’s statement in their reports. The three types are unqualified, qualified, or adverse. The company may have gotten an uncertified auditor that cannot access the information needed. They may have a

AUTHORIZED SETTLEMENT AGENT

A back that can send checks t the federal reserve bank for a debt collection. A clearing house is used. This keeps banks running smoothly.

AUTONOMY PRINCIPLE

A rule that states a credit is not connected to any of its transactions. Refer to abstraction principle.

AVERAGE COST (AVCO) METHOD

The way the cost of inventory is calculated over a period of time. The cost of the goods and the number are used for this.

AWARENESS

How well a brand or company is knows. A target is set to increase sales.

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