CONSUMERISM
1. efforts of parties to protect the consumer from contracts that would take away their rights in business. 2. the idea that using more goods is a sign of a strong economy.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
1. efforts of parties to protect the consumer from contracts that would take away their rights in business. 2. the idea that using more goods is a sign of a strong economy.
A substance that can harm living organisms. It is passed through air, water, soil, and food.
The RISK of loss arising from a potential CREDIT RISK exposure that may appear in the future, such as drawdown on a REVOLVING CREDIT FACILITY or payment under a GUARANTEE or LETTER
A process that uses constant production to get an end product or service. It goes on 24/7 to keep up with demand.
Interim papers provided by a main (client) to address adjustments or other commands realted to a deal. It is supposed to be substituted naturally by an additional acknowledgement or other authoritative document.
Planning, execution, and command of provision mechanism provided by a third party through a deal.
The count of calendar days (or working days), from a particular starting date to a given completion date, as given in a deal. Also known as contract time.
Level upto which the fulfillment of the requirements of a project
Method of calculating the selling price of a product so that it can at least add to the product
A measure of INFLATION at the consumer level, excluding certain items such as food and oil. See also CONSUMER PRICE INDEX, HARMONIZED INDEX OF CONSUMER PRICES, RETAIL PRICE INDEX.
A clause in some retail space lease agreements that entitles a tenant to a decrease in the amount of rent payments if a specified other tenant leaves the location. This is a
A GUARANTEE provided by one company to another company that is often related, such as a subsidiary or joint venture, and a reciprocal guarantee provided in the opposite direction. Cross guarantees may
An AGENT that performs various duties on behalf of a client, including holding securities in safe CUSTODY, executing financial transactions under specific instructions, and collecting periodic CASH FLOWS from investments.
When the economy changes due to a recurring cause. It can be seasonal or follow a business.
A cafeteria plan is a type of employee benefit plan offered in the United States pursuant to Section 125 of the Internal Revenue Code. Its name comes from the earliest such plans
An investment account offered through banks which allows investors instant access to their accounts. Withdrawals and deposits can be made at any time. Rules and benefits differ depending upon the bank offering
Premium in price above the par value of a bond or share of preferred stock that must be paid to holders to redeem the bond or share of preferred stock before its
The Calvo Doctrine is a foreign policy doctrine which holds that jurisdiction in international investment disputes lies with the country in which the investment is located. The Calvo Doctrine thus proposed to
A clause in a lease or other contract, setting forth the conditions under which each party may cancel or terminate the agreement.
A framework that describes the key elements of an effective product development and maintenance process. The Capability Maturity Model Integration covers best-practices for planning, engineering and managing product development and maintenance. CMMI
This site contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.