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

Category: H

HIDDEN INFLATION

Quality and quantity that decreaes even though the price goes down. It happens when the product stays at the same price but is offered in less numbers or quality.

HIGH LEVEL LANGUAGE (HLL)

A programming language that has english like syntax. Each statement can represent many languages instructions and do complex operations. I lets the programmer create without worrying about underlying machine architecture.

HISTORIC REHABILITATION LIMITED PARTNERSHIP

When a partnership is started to restore structure to original functioning. A rehabilitation tax is given by the IRS for this. Taxes are reduced dollar for dollar. It can be builders, investors,

HOLDER IN GOOD FAITH

A party that buys an instrument with no knowledge of defect. Refer to holder in bad faith.

HOME AUTOMATION

The linking of appliances in a home in a network of cable and power. It is coordinated by a computer.

HOME SOURCING

When firms oursource to a persons home in hiring. It cuts cost by hiring independent people.

HORIZONTAL ANALYSIS

A balance sheet study for more than one period. The total changes for each line is analyzed. Refer to vertical analysis.

HORSEPOWER HOUR (HP HR)

Energy that is 745.7 watts, 2545 btu, 1.98 million foot lbs, 2.68 megajoules, and 64.1 kilocalories.

HOT DESKING

Whenan office does not give an employee their own space. A pool of desks are available when needed. It is done when the database is wirelessly accessed.

HALF COMMISSION MAN

A party that tries to get new clients to buy investments through a firm. They get half the fee as commission.

HANDICAP

A disadvantage that limits performance on a task or goal.

HARDENING

The way a material gets harder by heat treatment or cold forming.

HAUSBANK

In Germany, a BANK acting as the primary relationship banker to a company, providing or arranging a variety of creditrelated services. Hausbanks often wield additional power by directly holding large shareholdings in

HEALTH INSURANCE

A plan covering or sharing expense with health care. They are commercial, private, or social insurance.

HEAT TREATMENT

How metal is heated and than cooled t change its structure and the desired results.

HEDGER

A party that employs HEDGING techniques in order to minimize, or neutralize, RISK, often through DERIVATIVE contracts. See also HEDGE, SPECULATOR.

HEPATITIS

A disease that causes liver inflammation and liver cancer or failure. it is prevented by a vaccine. It can cause flulike symptons but is spread by Hepatitis A and Hepatitis B. It

HIDDEN LOAD

A fee paid without being shown. It is embedded in another charge.

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