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

Category: H

HARD BENEFIT

An increase in profit or savings due to implementation of a program or project.

HARD WATER

Water that becomes scum and scale. It interferes with the industrial process. It is alkaline because of small amounts of inorganic compounds from soil and rocks. It can be temporary and dissolved

HARVARD BUSINESS REVIEW

A magazine the Harvard business school started in 1922. There is useful information for business people. Articles cover every angle of finance. The audience is a senior manager.

HEALTH EFFECT

Any difference from normal function in the body due to an external agent.

HEAT SINK

A substance that absorbs heat from a machine. Water can be used and does not use power to do the work. Refer to heat exchanger.

HEDGE ACCOUNTING

When a risky trading position and hedge are treated as one to increase profits and prevent loss.

HEMATOPOIETIC

A chemical agent that decreases oxygen in blood causing death.

HIDDEN ASSET

An asset not on the balance sheet like a long term contract or lease.

HIGH FLYER

Stock that gets a high price and trading volume in a short time.

HIGH-LOW METHOD

When the highest and lowest cost is used to estimate the variables in a mixed cost.

HISTOGRAM

A column chart that shows a sumary of changes in the upper and lower data sets. An x axis and a y axis are used to shown. Rectangles are also used to

HOLDER IN BAD FAITH

A party that gets an instrument with knowledge that it is not properly negotiated. Refer to holder in good faith.

HOLOGRAM

A 3d image used on credit cards and other objects to make sure it is authentic. 100mb is on 1cm3 of crystal.

HOME PAGE

The main page of a website that gives the owner’s information and links for other parts of the page. It is the first page shown but can be changed by the visitors

HOOKE’S LAW

The elastic limit on a solid material. The strain is measured to show how much a material can take and have the same shape. When the limit is passed it is the

HORIZONTAL PRICE RESTRAINT

When competitors and distribtors on the same level change prices to control supply. It causes a nonpricing horizontal restraint.

HAGUE-VISBY RULES

The new name for the Hague rules that were changed in 1968. AKA Brussells Protocol of Amendments to the Hague Rules. It increases the limit of liability and containerized cargo.

HANDBOOK

The work on a topic for quick reference used to supplement a text book. It is used as a manual.

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