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

Category: Finance Dictionary

ACQUIT

When a person accused of a crime is legally freed by a court generally as a result of lack of evidence. This decision cannot generally be appealed unless in a special circumstance.

ACTUATOR

A mechanical device that controls power flow.

ADAPTIVE ORGANIZATION

An organization that keeps up with rapid change by acting like a chameleon. Employees have more decision power.

ACTIVITY ATTRIBUTES

The capacity of any activity. This includes time and cost drivers to name just two factors.

ACCESSION

When one party takes charge of anothers property or records by a contract that both parties agree to.

ACCUMULATION CLAUSE

In marine insurance when the value of goods is increased if shipments accumulate without an insured parties knowing.

ACRE

A 4,840 square yard parcel of real estate. Refer to hectare.

ACTIVEX

A microsoft software like java. Object linking code and web page data are used. It bridges the gap between programming languages. It is insecure. Refer to javabeans.

ACUTE EFFECT

A negative effect on animals or humans. It occurs quickly and leads to health problems. The problems leave when no longer exposed. Refer to chronic effect.

ADDENDUM

A document attached to clarify or modify a part of a contract.

ACCESSION RATE

The number of new employees hired during a period of time. It is expressed as a percent of the total employees.

ACCUMULATION UNIT

A trust or mutual fund when divident income is reinvested to increase the amount of the total investment.

ACROBAT READER

Software used to read and print documents. The files are in a PDF format.

ACTIVIST POLICY

Policy of a government that is active in the economy to effect its agenda and objectives.

ACUTE EXPOSURE

A single exposure to a poison that causes harm or death. Refer to chronic exposure.

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.