DECLINING RETURNS TO SCALE
When the output of a process increases in small increments or goes down with increase of input. Declining ratios are inefficient. AKA decreasing returns to scale. Refer to economies of scale and
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
When the output of a process increases in small increments or goes down with increase of input. Declining ratios are inefficient. AKA decreasing returns to scale. Refer to economies of scale and
A document a drawees bank sends stating that the bill of exchange was not paid. It is sent to collections.
When a customer prepays and has to wait unti the associated goods or benefits are delivered. AKA deferred liability or deferred revenue.
The final agreement or contract about a decision. It can be about cost or the scope of a project.
The degrees fahrenheit the hourly average indoor temperature changes from the standard temperature. It is used for head and cooling estimation.
A loan feature that lets the borrower withdraw amounts at predefined times.
When the seller does their part to ship by boat by importing to the buyers country.
A party that supports democracy but is liberal in their governmental ideals. They are usually republican or independent. Or they have their own ideas and don’t fit anyone.
Payment given to passengers of an airline who are bumped. Refer to bumping.
A bank that takes savings from general public as demand or time deposits. It pays a fixed rate or variable rate. AKA savings assocuiation, savings institution, and thrift institution.
A symbol to describle color or characterists tha effect the product’s user. It must be distinctive enough to be on its own. Refer to suggestive mark.
Less quality and range of knowledge due to downsizing or lack of opportunity to learn.
An adverse effect on humans due to exposure to substance that varies by dose. A threshold is said to exist.
The limit past deviation will breach a contract or affect an item.
The analysys that asks questions and looks at the answers.
A material shaping process that metal die is pressed into it to make a cut.
Similar products made by a few manufactuers. They each make theirs slightly different to get more profit.
The 4mm tape that stores 4GB. It is replaced by the DLT that stores 35 GB using longitudinal recording.
Paying through electronic means over the internet. Paypal is an example of this.
Transferred COMMON STOCK that fails to convey good title to the new buyer as a result of errors or omissions in form or authorization.