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

Category: A

APTITUDE TEST

A test given to employees to assess abilities and potential.

AREA PATTERN

A pattern that moves sidewasy and up or down. It is used to predict investment movement.

ARREST WARRANT

A court order given to detain a party if probable cause is present. AKA warrant for arrest.

ASKED PRICE

The lowest price a seller will take for a security. It is used in wholesale sales. The general public may not have this price. AKA asking price, ask price, offered price, offering

AT BEST ORDER

An ORDER to buy or sell securities at the best price available at the time the order is placed.

AUCTION RING

Buyers that work together on an auction to keep prices low. The simply don’t bid against eachother. The items bought are reauctioned privately and profits are shared among members. It is illegal

AUTARKY

An economic system without any external trade, or one where trade is reduced or eliminated through barriers and quotas.

AUTOFLAMMABLE

Any substance that catches fire with no help making a spark.

AUTOMOBILE EMISSIONS

The exhaust from engines that has carbon dioxide, cabon monoxide, lead, nitrogen oxide, hydrocarbons, and water. These pollutants are reduced by using unleaded fuel and catalytic converters.

AVERAGE WITHOUT PERCENTAGE

The broadest marine coverage that pays partial or total loss. The amount is paid in full no matter the average.

ATTRIBUTES DATA

Data that represents units. It is used to show the amount of that unit that is owned and how it responds to a variable.

ACCEPTABLE PRICE RANGE

A buyers realistic expectation of the cost of a product or service. This is based on the quality and benefits expected.

ACCIDENT PERIL

The calculated probability that an employee will be harmed at their job. This comes with machinery, electricity, fire, chemicals, and heavy objects.

ACCOUNT STATEMENT

The summary of transactions on an account with a customer over the last period of time. AKA statement of account and bank statement.

ACIDIOSIS

When body fluids change to make them more acidic. It is caused by a bodily failure that maintains acid alkali level in blood.

ACT OF LAW

A legal event that is caused by the way an individual acts.

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