The Law Dictionary

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

Category: F

FELLOW SERVANT RULE

A rule used as a defense before workers compensatoin. The worker is blamed for the injury not the employer.

FICTITIOUS GROUPS

Making groups for purchasig insurance. They are not allowed to be insured by law.

FILE SERVER

A computer used for storing data made by other computers.

FINANCIAL ASSISTANCE

Loans or other financial instruments that a third party grants. It can also be subsidies, tax allowances, cost sharing arrangements as well.

FINANCIAL FORENSICS

When an investigator looks at documents and financial activity to see how a crime happened or if it even did happen. Many kinds of financial statements are needed for this. Sometimes ways

FINANCIAL MARKETS

The market for stock, bonds, bills of exchange, commodities, futures, and options. They are exchanges for capital or fredit. Refer to capital market and money market.

FINANCIALLY INDEPENDENT

A party that is able to pay their own resources for food, housing, and living expenses. Two of the three categories must be included.

FINGER

A program that shows information about a user or users on a network.

FIRE SALE

Selling assets at a discount to get a quick sale and avoid disaster or settle debt. This is done a deep discount in case of emergency. The collateral is valued at fire

FIRST LIEN

The claim that takes precedence over all others.

FIRST-PAGE-OUT TIME

The time it takes a computer to print a document after the data is recieved. It depends on complexity, color, graphics, memory,size, time to start, and time to warm up the printer.

FISHER EFFECT

When inflation is steady the nominal rate changes in step with it. It is named after Irving Fisher.

FIXED ASSET

An asset that is not sold in normal business. It can be land, property, equipment, vehicles, improvements and other items are not normal business issues.

FIXED INCOME INVESTMENT

Money in prefered shares, certificates on deposit, and bonds that give a fixed income. If inflation is high than the value goes down making it a good idea when inflation is low.

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