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

Category: Finance

SUBSTITUTES FOR LEADERSHIP

Factors of a work setting that encourages common efforts to achieve organizational goals. Takes place of active leadership.

SUGGESTIVE NAME

A trademark made up of words or word parts suggesting but not to describe the service or good. See descriptive name.

SUNDRY INCOME

Income from man unpredictable source or from revenue outside a company’s primary business.

SUPPLY SYSTEM

The methods, equipment, facilities and people employed in the timely and accurate provision of all items needed for a process, project or program.

SURPLUS LINES

The risk that can’t be insured by agents in its jurisdiction.

SWEAT EQUITY

1. Increased business worth created b y unpaid mental or physical work of the owner or founder. 2. Increased property value created by work of the owner to enhance looks or amenities.

SYSTEMATIC

A methodical and repeatable procedure. Do not confuse with systemic meaning system wide.

TACTICAL PRICING

A short term variation in price that is aimed at thwarting the competition or gaining entry into the market.

TANGIBLE

Something that has form and exists physically and is discernible by one or more senses.

TAP FEE

The connection cost when a business or home is connected to the water and public sewer systems.

REGRESSION EQUATION

An equation in math used to determine various predictions about a specific variable as it relates to other variables.

RATE OF RETURN RULE

Essential rule of investment that states that an investor should make an investment where the rate of return is larger than the prospective cost of the capital (time deposit interest rate).

RATIONALIZATION

1. Corporate: Also downsizing; closing down certain units to recognize a company?s core competencies and become efficient. 2. Psychological: Acknowledgment of reasonable and acceptable motives while being unconscious of true motives.

READERSHIP TEST

Also known as a recognition test, a readership test entails asking a random sample of readers of they read a specific advertisement that was included in a particular issue of the publication.

REAL TIME

1. General: Response that appears to take place instantaneously 2. Computer model: Animations corresponding to real life situations 3. Data process: Instant updating 4. Data transmission: Simultaneous transfer of data as opposed

REBOOKING

This term refers to a charge paid by the passenger to change his or her ticket; does not refer to a reissuance.

RECEPTION

1. Social event with food and beverages, arranged to welcome special guests or a newly married couple. 2. Room or area where visitors (1) are received, (2) register for hotel stay

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