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

Category: A

ABUSE OF POWER

The basic abuse of power that can occur when they become too manipulative with those around them and the trust given to them.

ABX INDEX

An index used to derive the value of a mortgages subprime. A credit default to exchange is used to help those with weak credit. It has four series each containing 20 bonds.

ABANDONMENT

the voluntary relinquishment of all rights, title, or claim to property that rightfully belongs to the owner of the property. Stocks, bonds or mutual funds held in a brokerage account where the

ABOVE THE LINE

1. Accounting: a record used to characterize income and expenses required to run a business that affect the profit, but not the capital, of the given company. 2. Advertising: exposure through the

ACA

This individual works and is bound by the laws of the Institute Of Chartered Accountants.

ABATEMENT

1. Commerce: a reduction in the amount of a bill due to factors such as demurrage, overtime penalty, or rent. 2. Environment: to reduce or eliminate polluting or hazardous substances. This is

ABOVE THE LINE DEDUCTION

Any amounts that can be garnished from an individuals total income. Examples of this are alimony, child support, or educational costs.

ABBREVIATED ACCOUNTS

A simplified financial statement that a specific small firm is allowed to file. It is filed with the registrar of companies in the United Kingdom. Almost half of the active UK firms

ABOVE WATER

A company who can stay out of debt and economic trouble. This causes them to have a better credit rating and investors see them as well off. They will also be rewarded

ACCA

This individual works and is bound by the laws of the Institute Of Chartered Accountants.

ABC AGREEMENT

When an employee and brokerage firm do business this is the resulting contract. It is done in the form of an outline that lists the rights of the firm. This agreement is

ABRIDGMENT

A brief written work that manages to keep the meaning and essence of the original version. This term is also spelled as abridgement. Other terms that might help are abstract, digest, outline,

ACCELERATED BOOKBUILD

When a company has debt obligations and cannot get funds for a project they purchase stocks as a short term investment boost.

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’

ABROAD

A geographical land considered foreign to the current location of a person or object. This term can apply to overseas and continental differences.

ACCELERATED DEPRECIATION

Computing depreciation rates faster than the straight line option. The two methods are declining balance or taking the sum of the years digits as the depreciation rate. This results in a larger

ABC INVENTORY CLASSIFICATION

The Pareto analysis as related to inventory control. There are three categories for the items in question. This is based on their revenue generation, turnover, or value. Typically this is done on

ABROGATE

1. To nullify an contract by means of mutual agreement. 2. To officially abolish a law.

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