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

Category: Finance Dictionary

ALTERNATIVE ORDER

When buying and selling through an agent and one choice cancels another one out. They can either sell or buy but not do both. AKA either or order and one cancels the

AMERICAN BREAKFAST

When a hotel offers breakfast. It includes 2 eggs, bacon or sausage, bread or toast, jelly, butter, pancakes, cereal, coffee, tea, and juice. AKA american style breakfast. Refer to continental breakfast and

AMOUNT OUTSTANDING AND IN CIRCULATION

All currency the mint issues to be used as exchange. Coins are sold at a premium that are not included. The uncirculted coin are sold at face value and handling charges.

ANDON BOARD

A Japanese term for any visual aid production device. It shows the changing status of a production line. Alerts are sounded if anything goes wrong.

ANODIC PROTECTION

To reduce corrosion by making a metal anode with a postive charge. It has low voltage current and keeps the environment electrochemically passive. It was invented in th 1950s and is suitable

ANTI-TAKEOVER LAWS

Laws enacted in certain national systems that prohibit, or severely limit, a company from acquiring another company, primarily in instances involving HOSTILE TAKEOVERS. See also ANTITAKEOVER DEFENSE.

APPURTENANCE LIEN

When a new owner can take possession of anything on the land they purchased. This occurs when responsibility is not taken as the contract states.

ARCHIVE

1. Backing up files on a computer. Refer to archives. 2. To store documents for long term use. 3. The archives building.

ARRANGEMENT

When a debtor and creditor make an agreement about repayment or a debt.

ASTERISK

The star symbol that indicates a foot note or end note has additional information. Refer to star paging.

ATTORNEYATLAW

A party qualified to practice law in their jurisdiction. AKA attorney. Refer to advocate, barrister, counsel, lawyer, and queen’s counsel.

AUSTENITIC STAINLESS STEELS

Anything with high levels of chromium and nickel. It is corrossion resistant, ductile, and weldable. It is the largest selling steel. It is used in heavy duty work. Refer to feritic stainless

AUTO SUPPLIER SUPPORT PROGRAM (AUTO SSP)

A program the treasury department started to help the auto industry. Due to economic crisis $5 billion was granted to help extend credit. If qualified the company could stay open.

AVAILABILITY

1.when a resource is able to be used. 2. the percent a computer is usable. 3. the ability of any item to do its task whenever it needs to.

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