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

Category: A

AREA SAMPLING

How a sampled area is divided. The divisions are randomly survyed and resurveyed once redivided. It is used in the place of frame of reference.

ARRESTABLE OFFENSE

An act with a fixed sentence or a minimum sentence. No warrant is needed if the party has or is about to commit such an offense.

ASPIRATION

1. sucking up a fluid. 2. taking a liquid into the lungs while swallowing or being sick.

AT THE CLOSE ORDER

An ORDER to buy or sell securities at the market closing price; if the order cannot be fully executed, it is cancelled. See also AT THE OPEN ORDER.

AUDIO VIDEO INTERLEAVE (AVI)

The file formater for microsoft that plays audio and video. CD quality video and sound is created but it takes up a lot of space.

AUTHENTICATION KEY

A digital code used to keep electronic payments secure from any third parties. The amount, time, and date are used for this.

AVAILABLE EARNINGS

The firms profit available for stockholders. The factors in this are the costs, depreciation, taxes, dividend, and the earnings.

AVOCATION

A hobby that a person likes to do when they are not working.

ATTRIBUTION RULES

How canada prevents investors from skipping out on taxes. Transfering assets to poorer family members is forbidden.

ASSESSMENT RATIO

The way assessed value and market value are linked. It is used for tax purposes.

ACCEPTABLE RISK

A level of material and human loss involved in the industrial process.

ACCOUNT TYPE

A code an account is given to show its general purpose. It can be savings, checking, or brokerage for example.

ACCOUNTS RECEIVABLE

Trade credit created by a company when it permits a client to pay in the future for goods or services that have already been delivered by the company. A client company is

ACIS

The institue of chartered secretaries and adminstrators associate.

ACT OF STATE

An act exercising power or a country that cannot be overturned by the courts.

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