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

Category: Finance

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

STATEMENT OF OWNERS’ EQUITY

Financial statement that shows starting balance, deductions and additions, closing balance of a share holder’s equity account. Also known as Statement of shareholders equity.

STATUTE OF LIMITATIONS

Time frame set by legislation where affected parties need to take action to enforce rights or seek redress after injury or damage.

STEERING COMMITTEE

Committee advising on issues key to company objectives and policy such as marketing strategy, budget control, allocation of resources.

STOCK POSITION

Position of an item of inventory based on relationship between demand and needs, quantity on hand and orders that are outstanding.

STOPOVER

A planned and deliberate break for a journey that is longer than 24 hours.

STRAIGHT LIFE POLICY

The premiums of the policy last the duration of the insured’s life to 100 years. Also called Continues premium whole life policy.

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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.