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

Category: H

HEREUNDER

It refers to terms and guidelines in the documents.

HIDDEN RESERVE

A resource not on a balance sheet like land or a building that has less value than the market value. It is hidden sometimes on purpose to have a lower taxable income.

HIGH RISK FOOD

The most risk of contamination die to storage at a specific temperature range in an unsterilized area.

HIGH-PRESSURE TACTICS

Using threats or intimidation illegally to sell insurance. It is used in marketing for medicare suppliments.

HISTORICAL VOLATILITY

A retrospective statistical measure of the price movement of an ASSET based on historical data, often conveyed in terms of VARIANCE or STANDARD DEVIATION. Historical volatility is applied to various financial and

HOME EQUITY

The amount left after debt is taken on property in the current market. If debts are paid its more. AKA homeowner’s equity.

HOMEOWNER ASSOCIATION (HOA)

A corporation of real estate developers selling homes. If a home is bought they must be members of the association.

HORIZONTAL CONSOLIDATION

Consolidating firms that sell a similar product to increase the product line. It saves money and makes production more efficient.

HOSPITAL ALLIANCES

Hospitals that share services to reduce cost. It helps the hospital stay competitive.

HOT SPARE

A back up part for a computer that is available if the primary one fails.

HALFTONE

Repeating a single tone or image that can have many colors. It creates small dots to get the color printed. Small grids are used to do this. If shade is made than

HANDLING UNIT

Cargo shipped in a unit that is identified and distributed independently.

HARDWARE

1. a manufactured item, fasteners, fittings, and construction industry needs. 2. the equipment that is in a computer system. It can be a keyboard or mouse.

HAZARD ANALYSIS

Assessing risks in the environment for exposure points by degree of risk.

HEALTH REIMBURSEMENT ACCOUNT (HRA)

An employer funded medical fund that reimburses to offer tax advantages for health are costs. No additional taxes are taken from the contributions.

HEAVY CRUDE

Crude oil with 22deg or less API gravity. This is because the asphalt and other heavy hydrocarbon fractions.

HEIJUNKA

Coordinating the sequences of small production batches in the line to make the time it takes less. It is a Japanese model.

HERFINDAHL INDEX

The size of firms in relation to the industry. It relates to the competition on the market. AKA Herfindahl-Hirchman Index (HHI). It is named after Orris C Herfindahl.

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