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

Category: Finance Dictionary

ALTERNATIVE TECHNOLOGY

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

AMERICAN CUSTOMER SATISFACTION INDEX

A new way to evaluate satisfaction in american households. The goods and services are financial, insuance, durables manufactured, nondurable manufactured, public administration, government, retail, services, communications, transportation, and utilites.

AMERICAN SERVICE

The way a hotel or restaurant serves its customers. Portions of food are plated in the kitchen by employees and served individually by a member of serving staff. Refer to english service

AMTRAK

A train service started in 1971 that is operated by the national railroad passenger corporation. It was needed after a decline in passenger train services. Its regulated by the government. It is

ANTIBIOTIC

Any substance that prevents the growth of other organisms. It is used to treat infections. Most are synthetically made rather than organically grown.

ANXIETY

A mental condition of angst that may stem from many sources such as a concern for keeping your employment, your financial status, or family problems.

APPEARANCE ALLOWANCE

The payment awarded an insured for a vehicle that has been in an accident, but only slightly damaged.

AREA SAMPLING

How a sampled area is divided. The divisions are randomly survyed and resurveyed once redivided. It is used in the place of frame of reference.

ARRESTABLE OFFENSE

An act with a fixed sentence or a minimum sentence. No warrant is needed if the party has or is about to commit such an offense.

ASSET

A financial contract or physical object with value that is owned by an individual, company, or sovereign, which can be used to generate additional value or provide LIQUIDITY. Assets are credits to

ATMOSPHERE

1. the gasses that surround the earth. It is made of nitrogen and oxygen. Trace amounts of argon, carbon dioxide, helium, krypton, methane, neon, sulfur dioxide, water vapor, and xenon are present.

AUDIT EVIDENCE

The grounds an auditor comes to an opinion based on. Tests and documents are used for this.

AUTHORING TOOL

A computer program that lets a user make their own web media and the tools needed to use it.

AUTONOMATION

When machines and operators can work together. The operator gives the machine a human touch. Both automatic and semi automatic processes make it easy for the operator.

AVALIZOR

When a third party becomes a guarantor to make sure a payment is made even if default occurs. It is more common in Europe than in the US.

AVOIDED COST

The cost saved by buying resale instead of building a new plant. The capital cost and operating cost of the plant are considered.

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