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

Category: Finance Dictionary

HARD CURRENCY

A currency that is stable and have investor’s confidence. It is payment without extreme rate changes.

HAY SYSTEM

A job evaluation system that uses know how, problem solving, and accountability. It focuses on ideas that are universally applicable. The three systems are technical know how, management know how, or human

HEALTH PROFESSIONAL

A party that is accredited by the professional body in the study. It is governmentaly licensed to do health care work. Refer to medical practitioner.

HEREUNDER

It refers to terms and guidelines in the documents.

HIDDEN RESERVE

A resource not on a balance sheet like land or a building that has less value than the market value. It is hidden sometimes on purpose to have a lower taxable income.

HIGH RISK FOOD

The most risk of contamination die to storage at a specific temperature range in an unsterilized area.

HIGH-PRESSURE TACTICS

Using threats or intimidation illegally to sell insurance. It is used in marketing for medicare suppliments.

HISTORICAL VOLATILITY

A retrospective statistical measure of the price movement of an ASSET based on historical data, often conveyed in terms of VARIANCE or STANDARD DEVIATION. Historical volatility is applied to various financial and

HOME EQUITY

The amount left after debt is taken on property in the current market. If debts are paid its more. AKA homeowner’s equity.

HOMEOWNER ASSOCIATION (HOA)

A corporation of real estate developers selling homes. If a home is bought they must be members of the association.

HORIZONTAL CONSOLIDATION

Consolidating firms that sell a similar product to increase the product line. It saves money and makes production more efficient.

HOSPITAL ALLIANCES

Hospitals that share services to reduce cost. It helps the hospital stay competitive.

HOT SPARE

A back up part for a computer that is available if the primary one fails.

FACILITATOR

A party that helps calm issues but doesn’t offer any content to a project.

FAHRENHEIT SCALE

The temperature scale where water boils at 212 degrees and it freezes at 32 degrees.The Celsius scale is replacing it except in the US.

FALLEN BUILDING CLAUSE

A rule in insurance stating a part of a building collapses due to anything not fire the fire insurance is voided.

Topic Archives:

Disclaimer

This site contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.