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

Category: H

HOMEOSTASIS

The ability of the living things in a system to survive despite changes in a limit. Feedback mechanisms make self regulation possible keeping things balanced.

HORIZONTAL CONFLICT

When more competition among retailers occurs. It lowers profit and causes crowding to reduce supply.

HOT SITE

An alternate computer center chat is made available to continue should a disaster occur in the primary lab. Refer to cold site and warm site.

HALF PENSION RATE

A European term for a room rate with breakfaste only and one extra meal. AKA demi board rate, demi pension rate, half borad rate, or modified american plan. Refer to en pension

HANDLING ALLOWANCE

A discount or price that a retailer gives to sell a product. Additional work that needs to be done by the retailer.

HARD CURRENCY

A currency that is stable and have investor’s confidence. It is payment without extreme rate changes.

HAY SYSTEM

A job evaluation system that uses know how, problem solving, and accountability. It focuses on ideas that are universally applicable. The three systems are technical know how, management know how, or human

HEALTH PROFESSIONAL

A party that is accredited by the professional body in the study. It is governmentaly licensed to do health care work. Refer to medical practitioner.

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.

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