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

Category: Finance

SALABLE

An item that is able to be sold. See merchantable and satisfactory quality.

SALES TO CASH FLOW RATIO

The measure of the efficiency of a company’s marketing strategy. It is calculated by dividing sales of each share with the cash flow of each share.

SANITIZATION

The destruction of micro-organisms that could be harmful to health. Used on clothing and hard surfaces to destroy organisms by heat or chemicals. See disinfection and sterilization.

SCALE ORDER

A buyers order for his broker that allows for a client to move with the market trends.

SCHEMATICS

An early sketch or drawing showing the basic layout or representation of a concept. There are no fine details.

SEARCH ADVERTISING

Used in online and internet marketing. The ad will appear after a search using specific keywords for products. It will advertise like products you are searching for.

SEAT WIDTH

The distance available on a seat between the hand rests. See also seat pitch.

SECONDARY CARE

This is medical care that comes from another doctor or professional that the patient has been referred to for extra care and treatment.

SECONDARY PRODUCT

A product that has been processed from raw materials that is not classed as the primary product produced by the company.

SECURITY INSTRUMENT

A trust or mortgage deed that shows evidence that an asset orm property has been pledged as a security.

SELECTIVE ADVERTISING

A strategy in promotion of a selected product to a specific market through advertsing that is consistent with the markets beliefs attitudes and expectations.

SELF-APPRAISAL

A process of self evaluation that determines a level of self efficacy.

SELF-MANAGED TEAM

A group that is able to organise itself and whose members are able to manage and plan their day-to-day activity. There is little or no supervision on the group.

SENSITIVITY

1. The degree of responsiveness and awareness to external and internal changes, demands and challenges.2. The degree an item is subject to harm and damage from environmental changes.3. The amount of change

SERIAL ATA

An internal or external bus designed so computers can send information back and forth to and from each other.

SERVICE SETTING

The total of the physical environment and the ambience where a service occurs.

SEVEN PRINCIPLES OF HACCP

1. identify hazards. 2. identify points where hazards may occur. 3. establish critical limits. 4. establish routines to monitor safety measures. 5. establish responses appropriate for problems. 6. establish and keep a

SHADOW PRICE

The opportunity cost for an activity to the society. The actual price is unknown and doesn’t reflect any real sacrifice that is made.

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