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

Category: A

ARREST

To keep a person in lawful custody. A warrant, crime, or statute can authorize this.

A-SHARE

This share of stock features rental rights but no control rights over the company. The lack of authority generally provides a discount in price

ASYNCHRONOUS TRANSMISSION

When data is sent through signals in spruts spaced at different times. A starbit is used to seperate data and an endbit is used close it. It is used on phones.

AUCTION RATE BOND

A bond with no taxes paying a varying interest rate decided by a dutch auction.

AUSTRIAN SCHOOL OF ECONOMICS

The idea that human effort must be driven through personal judgement not external force such as a government agency. Freedom, abolishing central banks, returning to the gold standard, no more bank deposit

AUTOCRAT

A leader that takes control without being appointed. This is used in a government called autocracy. They are sometimes called a dictator or despot. The decisions made do not reflect the populations

AVAILABLE BALANCE

The amount of money in an account that is able to be used. AKA available funds.

ASSESSABLE INSURANCE

Insurance when a premium rate that uses possible future rate hikes to have a higher payment. AKA assessment insurance.

ASSESSABLE SECURITY

A security that is payable on a further call. The UK calls this a partly paid security.

ACCELERATOR

A business type that helps start up businesses to gain financial and physical resources. Accelerators may choose to work with businesses who have been rejected by venture capital firms or other investors

ACCIDENT MANAGEMENT

Controling accident potential by preventing escalation, achieving a safe state, or balancing consequences.

ACCOUNT NUMBER

A numeric or alphabetic code that identifies an account holder and the account records. AKA account code.

ACID

A solution with a ph below 7. It has a sour taste, releases hydorxyl, and makes litmus papers red. Strong acids are corrosive and weak ones are practically harmless. AKA mineral, inorganic,

ACT OF GOD

A natural event that causes loss. No human force is used and the event cannot be controled. They are insured events. AKA act of nature. Refer to force majeure.

ACTIVITY DRIVER

The number of times demand is needed for an object. This is the cost.

AD PAGES SOLD

The page views on an ad that a firm has sold to an advertiser. AKA the sell through rate.

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