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

Category: F

FOOD ADDITIVE

It can be dyes for color, scents, and prolonged shelf life of elements. Anything not nutritionally needed to make a product last longer or taste better. It is added on purpose but

FORENSIC ENGINEERING

Applying engineering methods to find the cause of damage and failure of equipment and structures.

FORMAL LOGIC

Determining an inference’s or conclusion’s validity or invalidity from two or more statements or premises. Classical or traditional system based on the theory of syllogism. Propose by the Greek philosopher Aristotle (384-322

FORTUNE 500

The 500 largest US manufacturing companies are listed based on reported revenue, display several corporate information reportings. It is an annual ranking by Fortune magazine.

FORWARD TRADING

Commodities, currencies, and securities trade with deliveries and settlement at a future (forward) date done at current market prices. Known also as front running.

FOUR P’S OF PERSUASION

Power, positioning, politeness and performance. These enhance one’s ability to persuade others in one’s work and personal life; focused around perception.

FRAGILITY

Category of how easily damage can occur from external pressure. Measure of an items’ susceptibility to fracture. To fail or loose value.

FRATERNAL BENEFIT SOCIETY

Members with common ethnic, religious, or vocational backgrounds form an organization to provide social, insurance, and other benefits.

FREE COINAGE

For a person or entity that brings coinage metal to the mint to be pressed, the legal coinage that results.

FREE RIDER

Contributing little or nothing to the effort, a person who enjoys the benefits from a collective effort.

FREEDOM OF INFORMATION

A citizen right to governmental information, requested in writing. Refuseals must be returned in writing. Reason for refusal can be requested, in writing.

FREEZE-OUT PROVISION

Corporate charter provision allowing a company to acquire noncontrolling stockholder shares at fair market value for a set time period. Two and five years is the typical time period.

FREQUENCY OF EXCLUSION

A rate of how often a particular group is skipped from a study or sample set. The statistical reliability of the expected outcome is typically damaged. The overall study or sample is

FRIVOLOUS APPEAL

Abusing the judicial process, delaying payment of a penalty, frustrating the opposing party, using baseless, unsubstantiated, questionable facts, and/or an insincere stance.

FRONT MONEY

1. Another name for downpayment. 2. Another name for seed capital.

FUGITIVE EMISSION

Random escaping pollutant, not from chimneys, stacks or vents, but from equipment, pipe lines, seals, and valves leakage.

FULL FARE TICKET

Documented payment of un-discounted fare. Little or no penalty typically occurs if canceling or changing flight time or route.

FULL SERVICE VEHICLE LEASE

Fuel, emergency roadside repairs, preventive maintenance, scheduled servicing, courtesy vehicle, and associated driver support and safety programs are all included in this arrangement.

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