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

Category: F

FAULT TREE

Using Boolean operators to show events to a fault.

FEMA DECLARATION PROCESS

Getting assistance from FEMA. A governor asks for help if a natural disaster occurs. The government steps in to help financially.

FIELD ENGINEER

A party that works on job sites away from an office to help customers.

FIGURE OF MERIT

The value that is the effectiveness, efficiency and performance from analysis.

FINANCIAL ECONOMICS

Economics that focus on time, opportunity cost, and other risks that are related to a financial decision. It looks at the decision under uncertain conditions.

FINANCIAL LEVERAGE

Using borrowed money to get more production and thusly profits. It is a ratio involving the total loss and total debt. The higher the debt the more the leverage a company has.

FINANCIAL TIMES STOCK EXCHANGE (FTSE) 100

The BENCHMARK index of the London Stock Exchange, comprised of 100 LARGE CAP STOCKS representing a broad range of industries. The FTSE 100 can be traded directly through EXCHANGETRADED FUNDS and DERIVATIVES.

FINENESS

1. the purity of precous metal. It is marked on the metal it self. 2.the measure of fiber size. It can be denier, tes, micrograms per inch, or fiber width

FIREFIGHTING

The short term fix for a problem instead of addressing it and solving it in a more long term fashion.

FIRST TO FILE RULE

When the parties in a law suit live in different jurisdictions.The first to file gets to have the home court advantage. Their judge will be local and they will have little travel

FISCAL STANCE

The impact on the future economy that taxes and government spending has.

FIXED ACCOUNTING

The way a nonprofit agency runs. Expenses are sent to a specific fund that is made to cover it.The actual revenue is used to pay for any expenses through this fund.

FIXED EXPENSES

Similar to fixed costs. It is a cost that do not include noncash items.

FLAME

Emails sent to an article author with controversial statement. Refer to mail bomb.

FLAT CRUSH TEST

How resistant a flute of corrugated board is when force is applied over a 24 hour period of time.

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