VALUE ANALYSIS
1. Manufacturing. Analysis identifying and selecting alternatives with best value for materials, design, systems and processes. Also known as value engineering. 2. Purchasing. Replacing items with more cost effective items. Also known
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
1. Manufacturing. Analysis identifying and selecting alternatives with best value for materials, design, systems and processes. Also known as value engineering. 2. Purchasing. Replacing items with more cost effective items. Also known
Subjective assessment that something is good or bad, may or may not happen. Involve ethical, aesthetical, moral values that are not factual statements.
Important part of an ecosystem, welfare of the environment, health of a person that cab at risk from behavior and natural events.
Also known as adjustable rate.
Adam Smith theory proposing that greater economic resources are used in international trade than through national trade.
Web site serving as the point of entry to a niche market, area of interest or subject of interest. Also known as a mortal. See horizontal portal.
Company helps insurer reach a vertical settlement.
Community dispersed geographically but connected via the web community and internet. Also known as online or web community.
1. Real estate. Property’s net worth perceived by the owner. 2. Expression of information and ideas using visual aids.
Phone system feature allowing the operator to get a message to an employee on the phone.
Common shares give the owner the right to vote at the AGM. Also known as voting shares.
Hotel industry. Taking an arriving guest to another hotel as reserved accommodation is unavailable for a reason.
Notice, admonition pointing out a danger to one unaware of any.
Metric unit of power equal to 1/746 of horsepower or one joule per second.
Temporary form covering wedding presents for a set time period.
Act of a fluid spreading over a solid surface or other fluid, penetrating a porous surface and loosening trapped grime.
Person or company purchasing large amounts of stock from several producers and then reselling to retailers.
Intentional failure by contract parties to do what has been ordered to be done.
Local area network where all or some devices are connected by microwave radio signals or infra red line beams and not wires and cables.
1. Contracts. Project’s scope encompassing everything needed to finish the project. 2. Intellectual property. Expressing the human mind in language, images, sounds, signs, symbols and media.