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

Category: Finance

SUE AND LABOR COSTS

Insured’s costs in diminishing or averting losses that can be recovered from the insurer.

SUMPTUARY

Regulates extravagant spending as a way to control resources.

SUPERCONDUCTIVITY

Total or near total lack of resistance to an electronic current flowing through a product.

SUPPLY

The total amount of a goods or service that is available to be purchased at any set period of time.

SURGE PROTECTOR

Device shielding electronic equipment from sudden increases in voltage caused by defective transformers, power restoration.

SWAP CURVE

The illustration graphically showing possible returns for changing/swapping maturity dates.

SWITCH MATERNITY

The provision where female employees participating in a plan for healthcare covered only if their husbands are listed under dependents of the plan.

SYNCHRONICITY

Relationship between a series of processes where one can’t start or go beyond a set point until another process has started, ended or reached a set point.

SYSTEM DEPLOYMENT

The act of delivering, installing and testing of a computer system so it ready for operation.

TACTICAL

Pertaining or involving ends, actions or means that are short term or immediate in duration and of lees importance than strategy.

TALL ORGANIZATION

The pyramid type of organization with a relatively high number of ;levels in the hierarchy. Opposite to a flat organization.

TANKTAINER

A tank that has been built on a standard 20 foot frame of a container in order to transport liquids.

TARGET ORGAN EFFECT

Symptoms and signs that are produced by substances that will injure a certain part of the body or organs.

TARIFF SCHEDULE

The list of prices, rates and charges that have ben arranged in some sort of order and are published. See import tariff schedule and shipping tariff schedule.

SPECIFIC PERFORMANCE

The court order that is mandatory where a party must fulfills its contractual obligations according to the exact terms of the contract.

STACKING OF LIMITS

The legal term that refers to using more than one policy to claim on one event.

STANDING ORDER

1. Banking. Payment that is pre-authorized where the account holder asks ate bank to pay an amount from their account to a party regularly. See direct debit payment. 2. Purchasing. Orders that

Topic Archives:

Disclaimer

This site contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.