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

Category: Finance

STEP VARIABLE COST

Dramatic changes of a cost that due to involving a large expenditure unable to be spread over the period of accounting.

STIMULI

Occurrences in the environment of an organism that effects its behavior. Singular term is stimulus.

STOLEN PROPERTY

Goods that are acquired by theft, larceny or robbery. No legal right to the goods.

STORES

Function associated with holding items of inventory. See store.

STRAIN

1. General. A body, individual or system with large demands place on its resources. 2. Engineering. Measure of how much a body will deform when under stress.

STRAW MAN

1. Draft or outline copy ready for suggestions and comments. 2. Third party used as a cover in illegal or shady deals. 3. Nominee director. 4. A weak or flawed person with

STRUCTURAL ADJUSTMENT

Effected change in the frame work of an economy by impacts of policy reforms by reduction of state intervention and protectionism.

SUB AGENTS

An agent who reports to another agent and not directly to the company.

SUBSIDIARY

Enterprise that is controlled by another by owning more than 50 % of voting stock. See affiliate.

SUBSURETYSHIP

The arrangement where two or more parties are acting as a security for each other.

SULFUR

Tasteless and odorless chemical element with a pale yellow color.

SUNSET INDUSTRY

An older and still important industry slowly losing investor favor due to falling capacity for generating employment and profits.

SUPERMONTAGE

Used at NASDAQ, it is an integrated electronic order entry and execution system.

SUPPORTING DATA

information attached to offers, agreements, financial statements etc. to provide a back up of the document. Also known as supporting document or supporting schedule.

SURVEILLANCE

Observation and collection of data to provide evidence for a purpose.

SWEET CRUDE

Crude oil that has less than 1 percent of sculpture by weight.

SYMBIOSIS

Close relationship existing between 2 organisms where one gets a benefit from the relationship.

SYNERGISTIC EFFECT

Interaction between entities, agents, substances or factors to produce a greater effect than the total of all the individual effects. Opposite of antagonism. See synergism.

SYSTEMIC VALUE

A judgment allowing 2 possibilities that are ‘either or’ such as yes/no, right/wrong etc.

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