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

Category: A

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.

ATMOSPHERICS

When a retail store has displays, smells, and environmental elements to influence mood.

AUDIT SCOPE

The activities in a period of time that are being audited.

AUTHORITARIAN PERSONALITY

When a person becomes too attached to ideas of power. They can be rigid, prejudice, and act like a tyrant. If the person encounters a weaker party this is especially present.

AUTOMATIC

A way of doing things that is programmed to happen at specific times.

AUTONOMIC LAW

A rule that it held by a private entity. It could be a corporation or a university.

AVOIDING

When minimal assertiveness is used to handle a conflict. Each party tends to stay away from the other.

ATTRIBUTION THEORY

The idea that people understand their environment based on percieved cause an effect relationships. Their own behaviors are used to determing future ones based on the cause.

ACCOUNTABILITY

When one party must report its activities and take responsibility for them. It is done to keep them honest and responsible.

ACCOUNTS RECEIVABLE AGING

The way of showing which customers pay on time and which don’t. How far behind is also added to this calculation. It is used to collect debts and establish credit.

ACMA

The organization of the chartered institute of management accountants associate. Prevalent in the UK.

ACTION

When a party in court exercises its legal rights by means of writ.

AD VALOREM TARIFF

Additional charges added to an item based on value not on physical characteristics.

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