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

Category: H

HOMEOWNERS INSURANCE POLICY

Protection policy that covers the insured persons spouse, children, and anyone ounder 21. The must live in the household.

HOT STONE RULE

A management method that states discipline should follow after the incident, give proper warning, be consistent, and be impersonal.

HALF-YEAR CONVENTION

The idea that a new asset is used for half the year. It shows how depreciation, tax earnings, and annual earnings related to taxation.

HANDS-OFF INVESTOR

An investor with many shares that doesn’t question the management. They are passive but can change if they become concerned and intervene.

HARD DOLLARS

Direct payments made by clients to financial institutions for services rendered. In commercial banking a client may pay a fee for a credit facility; in securities a client may pay brokerage commissions

HARMLESS WARRANT

A warrant that requires the holder to give a bond like buying a new debt instrument. They have similar terms. AKA wedding warrants.

HAZARD COMMUNICATION STANDARD

The OSHA rules that chemical manufacturers and importers uses to assess hazard of their product. It is shared with employees and customers through the MSDS.

HEALTH SAVINGS ACT

Insurance for parties that need coverage that are not covered by a traditional health plan.

HEAVY INDUSTRY

1. auto, mining, petroleum, and steel industries that need a large investment in machinery and big plants. 2. the section of economy that are in need of a lot of capital and

HEISENBERG EFFECT

The idea that the act of being a player can change the game. Answers are given based on what the interviewer wants to hear. Refer to observer inseperability. It is named after

HERMENEUTIC CIRCLE

The idea that understanding or interpretation that no description is free form the observers experience or ideas about thier values.

HIDDEN VALUES

An instrument a company keeps but doesn’t show on the balance sheet.

HIGH SPEED STEELS

The low carbon steels that are hard during the machining operations. It has 5% chromium or 10-20% tungsten. It can also have cobalt and vanadium. It is used for dies, bits, and

HIT RATE

The sale in a percent of calls or visits and enquiries recieved. AKA batting average or conversion rate.

HOLDINGS

1. shares in a portfolio for a party. It can also be a holding. 2. a print publication in a library. It can be a volume, issue, or document.

HOMEOWNERS PROTECTION ACT OF 1998

A federal law that protects homeowners from practices and mortgage industry.The homeowners pay for the PMI after the coverage is needed. The rights are disclosed. AKA PMI cancellation act.

Topic Archives:

Disclaimer

This site contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.