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

Category: Finance

SELF-ORGANIZATION

The ability a system has that it can arrange its elements or components spontaneously and in a purposeful and non-random manner.

SENSITIVITY ANALYSIS

A “What if?” analysis. A simulation where quantative computations and assumptions are changed in order to assess the effect on a final outcome.

SERVICE BUREAU

A company that provides a service that can be specialised like copying, payroll processing and accounting.

SERVICEABILITY

The degree to which an item is serviced using given resources in a set time frame.

SEVEN S MODEL

A measure of quality performance. 7 factors are used. 3 hard factors, system, structure, strategy and 4 soft factors, skills, staff, shared values and style.

SHAKEOUT

A market upheaval that sees smaller competition eliminated and the few larger and stronger firms dominate.

SHELF COMPANY

A company ready-made that fulfills all of the requirements for a legal registration. It can be sold on an dboight by any body.

SHIPPING CONTAINER

A standard sized container that is resealable and lockable that is used with standard equipment for handling freight. 2 stabdard sizes in 20 foot and 40 foot.

SHOGUN BOND

A bond that is issued in Japan by a firm that is not Japanese in a currency that is not Yen.

SHORT RATE PREMIUM

A premium that is associated with a policy that is issued for a short term that is less than the usual term.

SHOW STOPPER

an event, condition, activity or a problem that will bring to a halt another program, activity or process.

SIGNAL

1. General. An electronic, acoustic or visual means that is used in transmitting an piece of information.2. Telecommunications. Energy that is applied to a circuit that makes it perform an action.

SINGLE POINT OF CONTACT

The central office or phone number that channels any incoming calls to various people and departments.

SITE

1. General. The spatial location of a facility, building or structure.2. Internet. The “place” in cyberspace that is the location of a web site.3. Law. A domicile, location or controlling jurisdiction of

SKILL BENCHMARKING

A process used to identify the levels of competency that are needed to complete a particular job or project.

SLAB

An ingot of metal that has been rolled flat and no wider thicker than 10 inches and around 20 feet long.

SLUSH FUND

A reserve of money held secretly by a company that has no accountability for its use.

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