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

Category: A

ACCUMULATION CLAUSE

In marine insurance when the value of goods is increased if shipments accumulate without an insured parties knowing.

ACRE

A 4,840 square yard parcel of real estate. Refer to hectare.

ACTIVEX

A microsoft software like java. Object linking code and web page data are used. It bridges the gap between programming languages. It is insecure. Refer to javabeans.

ACUTE EXPOSURE

A single exposure to a poison that causes harm or death. Refer to chronic exposure.

ACCESSION RATE

The number of new employees hired during a period of time. It is expressed as a percent of the total employees.

ACCUMULATION UNIT

A trust or mutual fund when divident income is reinvested to increase the amount of the total investment.

ACROBAT READER

Software used to read and print documents. The files are in a PDF format.

ACTIVIST POLICY

Policy of a government that is active in the economy to effect its agenda and objectives.

ACUTE TOXICITY

The effect a poison has in short or single exposure that leads to death.

ACCESSORY

Goods used in the operation process, marketing, or administration. They are not part of the final product. Or a party who is not the main culprit but connected to a crime. Refer

ACCOUNT EXECUTIVE

A representative who manages a client, large customer, or acts as an agent broker. AKA registered representative.

ACCOUNTING RECORDS

All the records about a company and its assets. They are used in audits and financial reviews.

ACCURATE

Honestly agreeing and practicing standards of due diligence. Financial statements are verified for correctness. Refer to precise.

ACROSS THE BOARD

When a certain area, market, or company is affected the same way by some circumstance, or a media event that is shown at the same time on all stations.

ACTIVITY

Work performed to create a result. Actions done to help ABC computations. The smallest task done in a time, in relation to others, resouces, and costs. AKA task.

ACWM

Asbestos waste. Laws are in place for special disposal.

ABC ANALYSIS

A systems analysis of items in order of importance that should be handled differently. This form of Pareto analysis in which the importance is listed by ‘A’ items are very important, ‘B’

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