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

Category: H

HOLISTIC

A view on the knowledge that uses nature, functions, components, interactions, and relationships.

HONOR SYSTEM

An arrangement where customers help themselves and are trusted to pay for what they take.

HORIZONTAL MARKETING

Merging firms on one level to get more opportunities. Resources are combined andmoved to make the most profit. Refer to vertical marketing system.

HOST COMPUTER

A main compter that is connected to others it gives data to on a network. Its like a server in the client server system.Every computer is a peer and a host on

HACCP

The analysis of hazards and control points. It can relate to food and its possible health hazards in its distribution. It prevents contamination and uses food inspectors to do the work. It

HARASSMENT

Repeated conduct that is not wanted and is known to all parties as offensive. Refer to sexual harassment. See, e.g., Is Cyberbullying Illegal?

HARD SKILLS

Strategies taught to people who want careers in finance. It takes a thick skin to handle ups and downs of the profession.

HARRY MARKOWITZ

An economist that made a portfolio theory. An investory will accept a larger profits.It examines risk and profit in a portfolio. He got a Nobel Prize in 1990.

HEADQUARTERS OFFICE

An overseas office that coordinates functions for a central office in the home country.

HEAT PROCESSING

Forcing a substance to extreme heat to get a certain result. Cooking can be an example of this.

HECTARE

The land area of 10,000 m2, 107,639 ft2, 11,959 y3, 10ares, or 2.47acres.

HELP WANTED ADVERTISING

An ad in the paper an employer places to find a new employee. It shows the job vacancies and economic growth.

HETEROSKEDASTIC

Data sample or process that has errors from distributions and different values for each variable. It is the chance of error in a sample.

HIGH DEFINITION TELEVISION

A digital TV stystem that uses an image of 720 lines or more of resolution. It is clearer and shows HD formats and Bluray DVDs.

HIGH-FREQUENCY TRADING

Computer investment trading that focuses on high volume and short positions for automated selling. An algorithm is used to do this in reaction to market conditions and short term profits.

HIRE-PURCHASE

A system when a buyer pays for an item in installments while using it.

HOLD HARMLESS CLAUSE

A part in a contract when parties agree not to hold the other party responsible for loss, liability, or damage. The parties are unilateral or reciprocal. Refer to indemnity clause.

HOLISTIC MARKETING

Marketing that thinks about the business as a whole to get its place broader in the customers life. It maintains many perspectives.

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