OFF THE RECORD
A statement that is intended to be a part of the proceedings such as a court case.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
A statement that is intended to be a part of the proceedings such as a court case.
The services that are offered by the physician when a visit is paid to his office.
The amount that is required to prevent a loan account from dropping below the recommended balance.
A program formerly headed by the US Bureau of Land Management that established the auction program for oil and gas leasing. It is also referred to as the oil and gas lottery
Failure to complete a duty or task, usually as a result of apathy, complacency or neglect.
A plaintiff should only receive one remedy for any particular claim. If multiple remedies are available, the plaintiff must choose one, or divide restitution amongst the available remedies.
A web-based filing system used to store information or records, accessible by using web scripts. Use often requires a paid subscription.
The lack of restriction on the amount that can be taken.
A lease agreement that may require the lessee to pay the difference between the leased item?s original value and its value upon return.
Derived from the work of American architect, Frank Lloyd Wright, and French architect, Le Corbusier, open plan spaces are partitioned with temporary screens and modular furniture, rather than walls and permanent fixtures.
A transaction that has not been completed by the end of a particular accounting period.
Measures how much revenue remains after operating costs are deducted, so companies can develop appropriate pricing strategies for their products and services.
Income generated with the intention of purchasing assets that will ultimately yield a higher rate of return.
The largest quantity of instruction a trainee or student can digest, without experiencing some loss of motivation or instructional uptake.
The deliverer of option rights to an optionee.
1. Bankruptcy: Court order that frees the bankrupt from legal obligations to pay off current debts. 2. Contracting: Court order that ends a contractual obligation between two or more parties.
Losses caused by day-to-day business operations.
The adoption of large-scale changes to organizational policies, processes, structures or strategies.
The sum of all knowledge within an organization, pooled between all of its members.
1. Company that manufactures or produces complete end products or subassemblies used within end products. 2. Computers: A custom manufacturer who puts together and sells whole computer systems, rather than simply producing