SIMPLE CONTRACT
A contract not made by a deed. It may be an implied contract evidenced by the conduct of involved parties.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
A contract not made by a deed. It may be an implied contract evidenced by the conduct of involved parties.
The percentage paid by one monthly repayment of the mortgage loan principal amount.
A subsidiary of a parent company that owns more than one subsidiary company. The subsidiaries are considered to be sister companies.
A process that is well controlled and is A+ or A- on the Six Sigma chart. It means 0.00034% defects per m illion products made or zero defects in real terms.
A condition where lease payments are not paid every month but only certain times during a year.
A sum paid to by the vendor to a retail chain for a place on its shelves, room in its wharehouse, puting the product on the store inventory and programming scanners to
The products that are produced during a combustible event such as a fire.
A hierarchy of status where people are classified according to wealth and prestige. It refers to any level present.
The actions of members of a group who don’t work as hard they would if working by themselves. The “free ride effect”-assuming someone else will do the work and the “Sucker effect”-
A concept including social capitaland the wellbeing of citizens and their ability to make decisions that will affect them.
Goods and textiles that are made from soft goods and soft material including fur, vinyl, leather and flexible plastics.
The providing of after sales service to customers for updates and any problems they may encounter.
A percentage by weight of a substance that will dissolve in a set amount of water.
A way to reduce the amount of material that will enter a waste stream ata certain point in processing by redesigning the product and the processes involved.
A component that can be replaced when it is needed to be because of malfunction or wear.
An account for money where it can absorb the costs incurred by a capital loss.
Shown as a relative amount between changes in variables over a precise period. Stock traders depend on the swiftness of change of one stock price relative to another stocks price.
A test where a certain number of employees on the low end of the pay scale must equal 70 percent of the employees on the high end of the scale.
A lull in the price of a security or profit of the entire stock market after a rally.
The real estate bubble is distinguished by property values quickly increasing until they outperform other elements of the economy. They are then followed by a sharp decline in property value.
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