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

Category: Finance

ROOT CAUSE

The main cause for faults or failures even if more causes are evident that began with the initial cause.

ROUTE OF ENTRY

The way a substance is able to enter the body such as ingestion (mouth), inhalation (lungs) or absorption (cintact).

RUSTING

The result of electro chemical corrosion to iron and steel. It requires water and oxygen and is a form of oxidation.

SALARY REDUCTION PLAN

Capital accumulation plan or pension plan where an employee makes a contribution to a pension plan from their salary that reduces the tax payable. Puts the employer into a lower tax bracket.

SALMONELLA

A bacteria found in sewage and human and animal intestines. These orgaisms are toxic and cause different diseases when injested. Different strains are found in different food.

SANS SERIF TYPE

A typeface that does not have extensions at each of the letters terminal points. It is sharp and clean and easy to read. When smaller than 10 points it becomes harder to

SCALPING

1. Making money through the scarcity of items.2. Trading stategy where small profits are accumulated to a larger profit. 3. The psoreading of good but wrong information to boost a demand for

SCHOOLROOM SETUP

The seating and table arrangement where tables are set behind each other with aisles in between the rows. All seats face the front.

SCORCHED EARTH POLICY

a defence manouver during a take over bid where the business is made to look unprofitable and not worth being taken over.

SEARCH STATEMENT

A query presented in a manner that a search engine can interpret it and look for information on the internet.

SECOND DEGREE PRICE DETERMINATION

A practice in pricing where a seller ranks his cuctomers according the sizes of their orders and places different prices to different buyers. All buyers in the same segment wii pay the

SECONDARY DATA

Data that has been collected by another person other than the current or primary person.

SECTION 125 PLAN

A plan of flexible benefit that is named a section of the IRS tax code that allows an employees contribution to be matched dollar for dollar with pre-tax dollars.

SEED CAPITAL

A small amount of capital that is used at the beginning of a firms start up by the founders. Rarely is it provided by a financial institution due to the failure risk.

SELECTIVE SELLING

The selling that is restricted to customers who meet a certain buying size or who reach a minimum ability to buy a product.

SELF-DETERMINATION

The fundamental right of every person to freely decide on their own political status and to pursue their own choice of economic, cultural and social development. It is embodied in the US

SELF-REGULATORY ORGANIZATION (SRO)

An organisation that has been authorised to enforce and develop the regulations for an industry. Examples are NASD, Financial Accounting Standards Board, NGFA, IASB.

SENSITIVITY TRAINING

Part of the “human potential development movement” where it is designed so people are more aware of the group dynamics and their behaviour, role and interpersonal traits within that group.

SERIAL ENTREPRENEUR

An entrepreneur who is always coming up with a new idea to start a new business and does not stay with that business very long before he is on to the next

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