SUMMA CUM LAUDE
Latin-with highest honor. Given to graduates with a high academic achievement. See magna cum laude and cum laude.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
Latin-with highest honor. Given to graduates with a high academic achievement. See magna cum laude and cum laude.
A majority of 75% or more of votes needed to approve decisions or changes in an organization.
An all encompassing turnkey contract such as for design-build-operate (DBO) arrangement.
Active surface agent allowing ‘wetting’ of a soiled surface and the suspension of greasy particles in a solution.
File arranged chronologically for storing documents waiting to be acted on or associated with unconcluded transactions. Also known as tickler file.
The investor seeking to profit from cycles of prices lasting from one day to many weeks. Compare to day trader; scalper.
A single line digital subscriber line, DSL, offering 2.3 Mbps of bandwidth in both directions over phone lines to a length of 10,000 feet with no repeaters. Also called High Speed digital
A mix of petroleum hydrocarbon gases with similar properties to natural gas. Called substitute natural gas.
A rating plan deriving a formula for rating from various tables.
The circumstances where one company resists its acquisition by another company.
The operating assets that can be depreciated that do not include land and buildings but does include fixtures and furniture.
The money amount that a company can pay off for expenses and not compromise the revenue earned.
The Australian Tax that is levied on all imported goods that do not contain any materials that have been produced locally.
The handbook or manual that contains all of the rates for coverage. This manual may contain other items including the guidelines to field underwriting, agent guidelines, and cash forfeiture values.
This important technique of financial analysis where quantities are converted into ratios for meaningful comparisons, with past ratios and ratios of other firms. Ratio analysis determines trends, strengths or weaknesses.
Chemical alteration that often goes together with a release of energy and occurs naturally over time. It is purposefully generated in a laboratory, or created as part of an industrial process.
A real estate broker has met the education requirements and qualifies for their own business. They may hire other agents from whom they will earn a commission from sales volumes.
1. Recognition that it is not possible to declare with absolute certainty that an event will or will not happen. 2. Qualification that while a standard conforms to limits it is not
A certificate that is comparable to a lien and distributed by a receiver to cover assets in the event of liquidation. Payments come first, before any other claims can be paid.
This term refers to an arrangement between two parties that allows the roles of buyer and seller to be interchangeable. Each sells to the other and buys from each other.