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

Category: H

HARD MANUFACTURING

Using fixed production equipment to make large amounts of a product. It cannot be easily moved to make room for a new product.

HARMONIZATION

Changing differences on different measurements and procedures or schedules to make them unicorm and compatible.

HEAD HUNTER

A recruitement angency that finds personnel and make them a candidate for a job.

HEAT EXCHANGER

Equipment transfering heat form one item to another. It can be a readiator. Refer to heat sink.

HEAVY MARKET

A market with falling or non changing prices due to buyer shortages. It shows investor uncertainty.

HELD COVERED

1. insurance term for a rule acceptance of insurance risk as long as extended cover exists. 2. AKA direct covered.

HERTZ (HZ)

The unit of frequency per cycle. It can be in kilo hertz or mega hertz or giga hertz.

HIERARCHY OF AUTHORITY

The power structure and authority that increases at higher levels in the hierarchy. The person at the top is most powerful and makes the final decision.

HIGH-YIELD BOND

A BOND issued by a firm with a SUBINVESTMENT GRADE CREDIT RATING (i.e., below BBB by Standard and Poor

HIT THE RIBBON

A phrase that describes a trade so it shows up on a ticker. I was stared when ticker tape or ribbon was used.

HOMOGENEOUS

An item that is the same as others in the group. It is the opposite of homogeneous.

HOSPITAL INSURANCE

Health insurance for hospital costs. The insured must pay a monthly fee for private insurance. Federal or state employees do not.

H-1B VISA

A visa that the US uses to let foreign parties work here temporarily. An employer must sponsor them and the job must be in one area by law. They can stay 6

HALOGEN

A group of 5 chemicals that are bromide, astatine, iodine, chlorine, and flourine. It canbe gas, solid, and liquid. They are poisonous and reactive. They smell bad and have colored fumes. Refer

HANG SENG INDEX

A market of the top 33 companies in Hong Kong stock market. The Hang Seng Bank administers this.

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