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

Category: Finance Dictionary

AUCTION RING

Buyers that work together on an auction to keep prices low. The simply don’t bid against eachother. The items bought are reauctioned privately and profits are shared among members. It is illegal

AUTARKY

An economic system without any external trade, or one where trade is reduced or eliminated through barriers and quotas.

AUTOFLAMMABLE

Any substance that catches fire with no help making a spark.

AUTOMOBILE EMISSIONS

The exhaust from engines that has carbon dioxide, cabon monoxide, lead, nitrogen oxide, hydrocarbons, and water. These pollutants are reduced by using unleaded fuel and catalytic converters.

AVERAGE WITHOUT PERCENTAGE

The broadest marine coverage that pays partial or total loss. The amount is paid in full no matter the average.

ADD-ON LOAN

A lending agreement that adds interest to the interest and uses returns to pay interest. It causes the interest rate to be higher and must be agreed to at contract signing.

ADVERSARY SYSTEM

The court system where a judge decides on a case argued by a prosecutor who is suing the plaintiff and the defense attorney who defends their plaintiff. A jury has also been

ADWARE

Software added to other software to display ads. It is a threat to the user and leads to hacking. It is installed without the users knowledge. Software has been made to prevent

AGGLOMERATION DISECONOMIES

The loss caused by agglomeration. The usual reason is not knowing how the other company works due to it being in an unrelated field.

AIR EMISSIONS

When pollutants are released into the atmosphere by a source. A car or factory chimney can be a source.

AIRPORT

The structure that houses and runs the flights of many commercial airlines. Navigation towers, terminals, and runways are just some of the elements. They are built on the gound but some are

ALLIGATOR SPREAD

An OPTION SPREAD that is unprofitable even in favorable market conditions, as a result of large BROKER commissions or fees. An alligator spread is often comprised of many discrete transactions, which generate

ALTERNATE

1. a change to a clause that alters the original. 2. a substitute or to take turns. 3. anything relating to an alternative.

ALTERNATIVE TECHNOLOGY

The way something is made with less pollution that is more efficient than the traditional method.

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.