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

Category: Finance

SETUP BOX

A rigid box that can be filled. A folding box is a box that needs to be set up.

SHADOW DIRECTOR

A director who is not technically with the firm but is a major shareholder but doesn’t take part in governing the firm but whose instructions are complied with.

SHEAR FORCE

The strain that is produced when an objects layers are being subjected to forces in opposition to each other.

SHOCKWAVE

A popular format on the internet for presenting and sharing audio and video data. Files are read by Shockwave Player. Free distribution by Macromedia, the developers.

SHORT MESSAGE SERVICE (SMS)

a feature of GSM or Global Dsytem for Mobile Communications. It lets cell phones send and receive 160 bytes or about 160 characters long alpha-numeric messages or it can broadcast clips of

SHORT TERM GAIN

Short term profit made from assets that have been held for 1 year or less.

SHOW CAUSE ORDER

A court order requiring a party to appear before a court and to explain to the court why a certain action shouldn’t be taken against them.

SIDING

A short rail road track that connects a wharehouse or a factory to the main line by pulling a switch.

SISTERSHIP EXCLUSION

An exclusion method that will prevent the coverage of products that have been withdrawn from the market place.

SKEWNESS

The degree to which a statistical distribution is out of balance around a mean level. The balnce is biased to one side with either a negative or positive skew.

SKUNKWORKS

A program of product development that occurs away froma company normal location in order to keep it secret or to speed p the processes.

SLOWDOWN STRIKE

An industrial action wherfe employees slow down their working practices and reduce output but do not go on stike.

SMOKE DAMAGE

Any damage that is caused by the smoke that is produced from a fire.

SOCIAL COMPLIANCE

The way a company looks after the health and safety of employees and its accountability for safe practices. See SA8000.

SOCIAL MARKETING

1. Using marketing concepts from the commercial sector to encourage people to do things for their own betterment such as give up smoking, alcohol, gambling. 2. Using marketing to promote services and

SOCIAL WELFARE

Factors like environmental quality, crime levels, drug abuse levels and the availability of services essential for life.

SOFT MONEY

Money that does not go towards the construction of an entity but is used for legal fees, fees for engineering and design.

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