EQUILIBRIUM
State of stability. Condition where significant factors remain more or less constant over a period of time. Stability also measures a lack of inherent tendency for change. A market in equilibrium has
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
State of stability. Condition where significant factors remain more or less constant over a period of time. Stability also measures a lack of inherent tendency for change. A market in equilibrium has
Time-bound or share-bound assets or monies a person has invested, contrasted to debt capital. This equity is not returned to an investors in the normal course of business. The purchase, as an
Using the value of property, typically a home with an existing mortgage, to get an additional line of credit contracted as a second mortgage against the property. Known also as a home
Job completion resource cost, in terms of individual laborers, based on a per-day rate of results on job work done to-date. Holidays, vacations, actual sick leave, and leave with or without pay
Increasing resources in a losing investment because of resources already committed.
Projected useful time of revenue or service generation of an asset. Known also as estimated life.
Directives based on one’s ethics and morality. How one lives with others. The foremost concepts and principles of proper human conduct. Socially, it is the collective of universal values, treating each human
International stock and derivatives exchange. From the merger of the Amsterdam, Brussels, and Paris exchanges and the purchase of London International Financial Futures and Options Exchange (LIFFE) and the Bolsa de Valores
Alloy mixture of two or more components. Eutectic alloys are fusible, becoming a very well mixed solid as they solidify from a liquid while cooling. Proportioned mixtures attain a melting point as
In life insurance, requirements for becoming insured are satisfied by documented evidence.
Not perfect, yet achieving the highest levels of performance or expectations. Better than outstanding or superior.
A plan that includes social security in its retirement funding.
Marketable, tradable vehicles, like bonds or shares one can swap, rather than sell and buy, for another common stock.
Area up to 200 miles (321.87 Km) offshore is the exclusive area of resource management by the government and country owning that coast. Free navigation is allowed by all countries beyond 12
The payoff, regardless of how or what, on a completed promise. Refer to executory consideration.
Business continuity plan section for smooth, pre-planned, transferal of authority under any condition. It identifies who succeeds the current position holder and is done for every position deemed critical for recovery from
External factors in a model, organism, organization, or system cause this type of condition. Contrast to endogenous.
Experience-based mortality-table-calculation of an average person’s number of remaining years of life, as of a certain age.
Unrepairable, consumed-when-used component or part, like a bolt, nut, or rivet (1) needing no authorized repair procedure; (2) having excessive repair cost exceeding replacement cost; (3) listed as un-returnable inventory at issue.
Upper limit of what a landlord or tenant will pay. The provision obligates the renter to pay a maximum of certain fees. Beyond that maximum, the landlord owes the rest. Represents an
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