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

Category: Finance

STOP PRICE

The price where a stop order generates the market order and the stop limit order generates the limit order.

STRAIGHT BILL OF LADING (B/L)

Not negotiable bill as goods are paid or don’t need payment such as a donation. Identification needed on delivery. Also known as consignment bill of lading.

STRATEGIC BALANCE

State combining long and short term objectives and factors in order to gain equilibrium.

STRENGTHS AND WEAKNESSES

Aspects, both positive and negative of internal and external environments under control of the decision maker. See SWOT analysis.

STRUCTURE

A framework or construction with elements identifiable giving stability and form and able to resist strains and stresses.

SUBCULTURE

Segments or pockets of culture that have different norms, customs, values due to geographical difference or goals and requirements.

SUBORDINATION AGREEMENT

Formal document that acknowledges a party’s interest or claim is inferior to that of another party.

SUBSTANDARD RISK

Term in the insurance industry for a person with a risk below average or impaired due to a dangerous hobby, health condition, disease history or living in unhealthy areas. Also called an

SUCCESS

1. The achievement of an action in a set period of time or within a set of parameters. Reaching a goal or project completion. 2. The term, colloquially used that derbies a

SUMMARY

Content overview providing the reader with the overall theme but no details that are specific.

SUPERANNUATION SCHEME

The retirement plan in Australia where monthly payments are made to the employee who has retired.

SUPERVISING

Regulating and monitoring a process or activity or tasks.

SURFING

Exploring the World Wide Web by following links from place to another.

SUSTAINABILITY

1. General. (1) Ability to substantiate a claim. (2) Ability to continue an activity in the long term. 2. Economics. Continuing growth or development without affecting the environment negatively.

SWIPE

The act where a card is slid through a magnetic stripe reader.

SYMPATHY STRIKE

The taking of industrial action where employees of another firm or department will stop work to show solidarity with the striking workers.

TACACS

Terminal Access Controller Access control System. Security protocoling authenticating and identifying computer identities. Developed by Cisco Systems as an alternate to RADIUS.

TAKES PRICE

The amount that a seller needs to raise for a buyer; or the price that needs to be lowered for the seller so the counter party will accept the offer.

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