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

Category: Finance Dictionary

AUTHORITARIANISM

When orders are given with threats. This is done to cement the power status of the parties involved. It must be maintained.

AUTOMATIC BILL PAYMENT

When a bill is paid directly from an account through an electronic transfer. This must be authorized. The vendor must submit a request. It can be stopped at any time.

AUTONOMOUS INVESTMENT

An investment that interest rates and profit in the economic climate. If it succeeds the economy did not necessarily get better. Refer to induced investment.

AVOIRDUPOIS WEIGHT

The unit of goods sold by weight. Precious metals are not considered. A pound is considered 16 ounces. Metals are sold in troy ounces which is different.

ADDRESS OF RECORD

The permanent address of an individual or organization. Refer to registered office.

ADMINISTRATOR’S DEED

When a property is given to the next of kin by way of a deed to the property. The holder of the deed owns the property.

ADVERSE DEVELOPMENT COVER

A FINITE INSURANCE CONTRACT where the INSURED shifts the timing of losses that have already occurred, as well as those that have been INCURRED BUT NOT YET REPORTED, to the INSURER. In

AESTHETIC

A beautiful image or element. It usually has darwinistic symmetry.

AGE SETBACK

Assuming women live longer than men. This means they will pay more premiums and thusly a discount is given for this.

AGENCY RISK

The loss that occurs when an agent abuses power to benefit themselves. AKA agency cost.

AGGREGATOR MODEL

Ecommerce model that takes information from several similar websites. This helps design a site that will attract customers. Refer to affiliate model.

AIR PORTABLE

Any cargo on an aircraft that requires minor assembling.

ALARM

The presence of danger being notified to the public near it.

ALL HOLDERS’ RULE

A rule that doesn’t allow a public offer to be made on a new issue before the shareholders get to make their offers.

ALL-OR-ANY PORTION ORDER

An ORDER to purchase or sell any, or all, of a specified quantity of securities, generally at the BROKER

AMBIANCE

The way a place feels due to the physical atmosphere. It is meant to make customers come again.

AMERICAN ECONOMICS ASSOCIATION (AEA)

A group started in 1885 to research and discuss economic trends. The headquarters are in Nashville, Tennessee. The members are scholars, business men, government employees, and nonprofit members. A meeting is held

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.