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

Category: Finance

SUPPORTABILITY

The degree by which characteristics of design of a support or stand by system meet the needs of operation of the organization.

SURPLUS VALUE

Difference between wages and the value of goods or services produced by the worker.

SWEEPSTAKE

Promotional scheme where prizes can be won by random chance.

SYCOPHANT

Person trying to get what they want or to earn respect using flattery on influential people who can help with goal achievement.

SYNDROME

A group of symptoms occurring together to indicate a certain disease or condition is present.

SYSTEMIC ERROR

Error affecting all items comprising the group in a similar manner and magnitude. They are caused by a flaw in the system and occur in the same direction and don’t cancel each

TAG ALONG PROVISION

Provision in an investment agreement where the stock holders have the right to liquidate part of their investment when the firm is raising more capital.

TANGIBLE BOOK VALUE

The value that is calculated by the deduction of assets that are not tangible, expenses for start-up and any financing costs that are deferred from the moral book value, BV, of the

TARGET RISK

The prospective holders of policies that are divided by age, race, sex and other demographic factors.

TAX CERTIFICATE

The proof of payment of taxes due on a property or income that is official.

SPECIAL VERDICT

A decision by jury where the defendant isn’t guilty of the charge but is found guilty of a lesser offense or is not guilty due to reason of insanity.

SPEECH SYNTHESIS

Technology that can ‘construct’ speech that replace a human voice. Mainly used to assist blind and sight impaired.

SPLIT OFF POINT

A production process juncture where the product stream splits up into 2 or more distinct products which are identifiable as a joint product.

SPREAD INCOME

Difference between cost and income. Also known as margin income.

STAGNATION

The stage of an economic cycle where less than 1% of growth or decline occurs.

STANDARD OF VALUE

The type of value that is used in transactions such as book value, adjusted basis value etc.

STAR PAGING

Method of cross referencing where asterisks,*, are used to correlate pagination of new editions to those of previous editions.

STATIC QUALITY

The continuation of current practices to maintain the quality of a service or goods.

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