Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
A BENCHMARK priceweighted index of the US stock market, comprised of 30 LARGE CAP STOCKS representing the industrial sector; the index is rebalanced periodically as industries and corporate leadership change. The DJIA,
The price range of a commodity or contract that chan safely be handled for business. Once reached no more trading happens until the next session. AKA fluctuation price or price limit.
Fishing for data that will cause a statisical bias. The information is true on a small scale but not generally accurate for a larger data set. It can be an accident or
A packet of data with a source or destination information that is needed for routing. It travels from source to the destination on a packet switched network. This is done independent of
A federal law started that to create minimum wage on public work projects. It is in the contract paying local wages and benefits based on similar projects. It was started by James
The days a company takes to pay its bills. It is measures how much on trade credit and short term financing is used.
A wall street term for brief recovery in the price of an unprofitable stock.
A gift for incentive that a retailer gets to get them to buy more. Dealer programs or premiums are an example.
Releasing liabilty for unsecured debt due to bankruptcy order or creditor. The debt is unenforceable. Anything secured with collateral are enforced through liens.
The income pledged for paying off debt. It involves expenses and income.
A shipment’s value used to decide charges and limits the carriers liability. It is the cost price and is lower than the declared value for customs.
Inventory shared by two operations to prevent breakdown or unevenness for machines. It reduces output synchronization. AKA intermediate stock.
A commercial good that is not fit for the use, dangerous, or has inadequate instructions. Refer to defect.
1. A planned expenditure the government has to put more money without taxing. It is supposed to increase business activity and additional revenue for shortfall. AKA defecit spending. 2. Financing debt to
The act of rearranging files on the hard disk to make faster data access.The space left when this happens is filled by new files. If its too big a fragment is left
Water that has no atoms and is used in cleaning chemicals.
Not repaying a debt as agreed. 2 missing payments is considered delinquent for consumer loans but it takes 15-30 days for credit cards.
A move down on the demand curve. It concerns oil and energy use with high prices and reduced supply leads to permanent demand reduction.
Factors that show a target group in a market. Refer to psychographics.
A contract for dental care supplied or prepaid on a group or individual.